Thanks for sharing the data. Here's a quick summary and analysis of the $LAYER /USDT trading info you provided:

Price Overview:

Current Price: $1.1723

Change: -11.02% (significant drop)

24h High / Low: $1.5264 / $1.1287

RSI(6): 33.15 → Oversold territory, suggesting possible reversal or stabilization.

Trading Volume (24h):

$LAYER Volume: 97.53M

USDT Volume: 125.76M

This indicates active trading and liquidity.

Support & Resistance (Based on Depth):

Strong Resistance: Around $1.43

Support Zones: $1.13, $1.09

Parabolic SAR: 1.3273 → Current price is below SAR, which suggests a downtrend.

Technical Indicators:

MACD, BOLL, EMA, MA: Not fully detailed here, but the presence of BOLL/SAR with RSI < 35 and strong drop indicates bearish trend, potentially near a reversal zone.

Performance Summary:

Daily Performance: +2.90% (might be a dead cat bounce after a major drop)

7D / 30D / 180D: Negative trend overall, especially -59.63% recently.

1 Year: -16.27% → Poor long-term performance

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Conclusion:

$LAYER is currently in a bearish phase, but the RSI and recent slight uptick hint at a possible short-term bounce. However, entering now is risky unless there's a strong reversal pattern. A safer entry would be above $1.33 (SAR breakout) with volume confirmation.

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