Layer (LAYER/USDT) – Consolidation in the Medium Range
💰 Current Price: 0.5343$
📉 Daily Change: -0.41%
📊 Trend: Sideways movement within a narrow range after previous fluctuations
🔎 Technical Outlook
Resistance: 0.540 – 0.545$ ⛔ (Repeated rejection of upward attempts)
Support: 0.530 – 0.528$ 🛡️ (Strong short-term base)
Overall Trend: Consolidation waiting for a catalyst to break out
📌 Market Context
✅ Break above 0.545$ → Potential bullish momentum towards 0.555 – 0.560$
❌ Break below 0.528$ → Potential drop towards 0.520$
⚠️ Key Points for Traders
Watch the range of 0.528 – 0.545$ to determine the breakout direction.
Bullish in the short term: Closing above 0.545$.
Bearish in the short term: Breakdown below 0.528$.
