#اشاره_وتحليل_سعر_عملة $LAYER

Current Trend

The currency $LAYER has experienced significant fluctuations in recent hours, as its price dropped from $0.7355 to $0.6953. This decline comes after a strong rise the previous day, where the price jumped from $0.6158 to over $0.7500.

In Heating! Increasing momentum from key support

Just bounced off the $0.6911 area after a healthy correction from the 24-hour high of $0.7600. The bullish pressure is regaining control on the 15-minute chart — indicating the likelihood of continuation.

Set up a buy trade and you are the master of your decisions 🤷‍♂️⬇️

• Entry Area: $0.7020 – $0.7070

• First Target: $0.7260

• Second Target: $0.7450

• Third Target: $0.7650

• Stop Loss: Below $0.6880

Main Market Drivers

Increase in trading volume: A significant increase in trading volume was observed during the rising periods, especially between 19:00 and 21:00 where trading volume exceeded $90,000

Compared to other currencies: News indicates that the cryptocurrency market on the Ethereum platform (including $LAYER as a Layer 1 currency) is outperforming other blockchain platforms

Outlook

In the short term, the price of #LAYER may face some downward pressure due to profit-taking after the recent rise. There seems to be a support level around $0.6500, while the $0.7200 level may act as resistance in the event of a bullish rebound.