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LAYER USDT Technical Analysis

The newly listed LAYER/USDT pair exploded into extreme volatility, rising from a shocking $0.2000

level to a 24-hour high of $1.5000

before settling at $0.905.

This wild swing of over 352% has put

LAYER in the spotlight as one of the hottest assets

to trade today.

Despite the rapid rise,

the price is currently pulling back,

suggesting that traders are locking in profits.

However,

the bullish momentum remains intact,

and if buyers step in again,

another push towards the $1.50

resistance level could be on the cards.

Technical Outlook:

The current consolidation zone around $0.905 suggests

a potential setup for either a strong breakout or a deeper bounce.

If LAYER/USDT manages to hold above the psychological support of $0.905, a retest of the $1.20-1.50 level is likely.

However, a failure to hold this level could expose the currency to a sharp correction towards $0.80 or lower.

With massive volume fueling the move, this is a high-risk, high-reward play -

perfect for short-term traders looking for volatility!

Stay alert, as another explosive move could be imminent.

Trade smart ☺️🥰😉🫡
$LAYER

#BFUSD buy now

$ETH The market continues to experience significant selling pressure, which is pushing all currencies downwards.
Ethereum is experiencing a low acquisition rate.
Therefore, when comparing the performance of Bitcoin and Ethereum over the past 48 hours, we find that Ethereum's decline is greater.$ETH
#coinpair

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