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Short liquidation at $0.0992 indicates forced buying into strength. This usually clears upside liquidity and can signal a local squeeze. Price has broken short-term resistance and is attempting to build acceptance above $0.0970.

Structure has shifted from compression to expansion. Higher lows are forming on intraday frames, and volume shows expansion during upward moves. This suggests buyers are in control for now.

EP: $0.0975 – $0.0990

TP1: $0.1040

TP2: $0.1095

TP3: $0.1150

SL: $0.0940

Trend is shifting bullish with a clean break of prior lower high.

Momentum is strong with expansion candles and sustained bid support.

Liquidity above $0.1050 remains untapped, and continuation toward higher resistance is technically favored.

Trade here 👇$LAYER

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