💰 Are you buying $LAYER at support or waiting for breakout confirmation?
Price Action: $LAYER is showing short-term consolidation after a recent impulsive move. Buyers are defending the immediate support zone, signaling potential continuation if volume increases.
📊 Technical Outlook:
🔹 Support: Previous breakout zone holding strong
🔹 Resistance: Near recent local high
🔹 RSI: Neutral – room for upside momentum
🔹 Volume: Slight cooldown after spike
⚡ Bullish Scenario: A strong breakout above resistance could trigger momentum toward the next psychological level.
⚠️ Bearish Scenario: Losing support may lead to a retest of lower demand area before next move.
Resistance
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/ \ ← Recent High
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Support ────────────
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