Here’s a technical snapshot and quick analysis of $LAYER
/USDT based on your data:
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Current Price:
$1.0005
24h Change: -6.06%
→ Notable intraday decline, now hovering around the psychological $1.00 level.
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24h Range & Volume:
High: $1.0792
Low: $0.9881
Volume (LAYER): 10.78M
Volume (USDT): 11.05M
→ Solid liquidity; active trading day with price near session lows.
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Key Technical Indicators:
MA60: $1.0024 → Price is just below this trend baseline
MA(5): 2,646.57 (vol-based average)
MA(10): 2,056.76 → Suggests short-term volume tapering
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Support & Resistance Levels:
Immediate Support: $0.9880–$0.9948
Key Resistance:
$1.0086–$1.0121 (clustered sell zone from order depth)
$1.0500+ (psychological mid-resistance)
$1.0792 (24h high)
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Trend Insight & Momentum:
Bias: Weak near-term with signs of consolidation at support
If $1.00 holds, potential bounce toward $1.02–$1.05
If $0.9880 fails, next likely test is $0.96–$0.94 zone
Price slightly below MA60 — a technical weakness, but not yet breakdown-confirmed
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Outlook Summary:
Short-Term Bias: Bearish-neutral
Breakout Level: $1.0120
Breakdown Watch: $0.9880
Risk Note: The $1.00 zone is psychologically strong — often used for support/bounce setups.
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Would you like a scalp or swing trade setup for LAYER/USDT based on these levels?
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