🚀 Hello crypto enthusiasts!
According to my latest analysis, $LAYER , the potential for the price to exhibit an upward movement seems quite remarkable, especially when we look at the liquidation levels, this situation becomes even clearer. In the chart, the liquidation levels set at $1.4 strongly indicate that the price could gain upward momentum. Price movements observed around 03:00 on May 23, 2025, and the subsequent decline suggest that as we approach these levels, an upward bounce can be expected. This indicates that a bullish momentum is beginning to form in the market and the likelihood of buyers becoming dominant is rising.
Liquidation levels represent the closing points of positions for traders using high leverage. This dense liquidation band in the chart suggests that when the price reaches these levels, it may tend to break upward. Because these areas are generally known as zones triggered by large volume purchases. Especially as of June 30, 2025, at 13:07 +03, the current market conditions and volume increases may support this scenario. However, for this movement to occur, alignment with the overall trend and sufficient buying pressure are essential. In light of the current data, this situation appears to be a potential opportunity and should be monitored closely.
How compatible do you think this bullish trend is with the data on the chart? Perhaps as we approach these levels, an increase in volume will be decisive. I await your comments; how do you assess this movement?
