_Wendy
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Bullish
$LAYER Solayer (LAYER) Gains Momentum with InfiniSVM but Faces Selling Pressure
Solayer (LAYER) is drawing strong attention from the crypto community, fueled by its liquid restaking capabilities on Solana and the innovative InfiniSVM technology. With promises of high throughput and efficiency for dApps, the project has quickly positioned itself as a noteworthy contender in the ecosystem.
From a technical analysis standpoint, however, the picture is less clear. EMA alignment signals an underlying bullish trend, yet bearish indicators from MACD and Bollinger Bands suggest weakening momentum and the possibility of a short-term retracement.
Adding to the uncertainty, money flow data reveals significant outflows from larger holders over the past 24 hours. This increased selling pressure could heighten volatility before Solayer finds a more definitive direction.
💬 What’s your take — is $LAYER’s InfiniSVM innovation strong enough to overcome short-term selling pressure, or will the token face more downside before stabilizing?
Click to explore and trade $LAYER now 👇
#BuiltonSolayer @Solayer
Solayer (LAYER) is drawing strong attention from the crypto community, fueled by its liquid restaking capabilities on Solana and the innovative InfiniSVM technology. With promises of high throughput and efficiency for dApps, the project has quickly positioned itself as a noteworthy contender in the ecosystem.
From a technical analysis standpoint, however, the picture is less clear. EMA alignment signals an underlying bullish trend, yet bearish indicators from MACD and Bollinger Bands suggest weakening momentum and the possibility of a short-term retracement.
Adding to the uncertainty, money flow data reveals significant outflows from larger holders over the past 24 hours. This increased selling pressure could heighten volatility before Solayer finds a more definitive direction.
💬 What’s your take — is $LAYER’s InfiniSVM innovation strong enough to overcome short-term selling pressure, or will the token face more downside before stabilizing?
Click to explore and trade $LAYER now 👇
#BuiltonSolayer @Solayer
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