$LAYER Shocking Turnaround Coming in LAYER? Here's Why Bulls Might Take Over Again🤔🔐👇
Current Price: $1.017
Timeframes Analyzed: 15m / 1h / 3m
What’s Happening on the Chart🤔📊
LAYER took a sharp dip after failing to break the $1.0365 resistance zone.
Price touched a low near $0.9976 and is now showing signs of a possible short-term bounce.
On all major timeframes, it’s testing the middle Bollinger Band, showing indecision but potential support holding.
Momentum & Signals:📉
Stochastic RSI is turning upward from oversold on both 15m and 1h charts (currently around 73–76).
Volume is increasing gradually, showing that buyers are beginning to step in after the panic sell-off.
$LAYER is holding above key support at $1.0152, which could be a base for the next leg up if bulls react quickly.
Strategy Plan (Short-Term):🧑💻
Entry (Buy Zone): $1.010 – $1.015✅
Target: $1.034 – $1.044🎯
Stop Loss: $1.000☣️
Trade Duration: 2 to 6 hours (intraday swing setup)⌛
Why Bullish?🤔💥
Holding support at lower Bollinger Band
Oversold Stochastic RSI showing bullish crossover
Strong 90-day gain history (+54%) reflects good recovery potential despite daily red candle
Global Sentiment:🌍
Market is cautious but leaning bullish on DeFi tokens after recent BTC stability
$LAYER saw over $12M trading volume in 24h, showing high trader interest
👨❤️👨“Trading is about patience and pattern — wait for your signal, then strike.”
Disclaimer: ⚠️
This is not financial advice. Please do your own research and manage your risk before investing.