$LAYER /USDT PULLBACK AFTER STRONG RALLY – WHAT'S NEXT?

LAYER
LAYER
0.2029
+2.57%

$LAYER surged to a 24H high of $1.2431, but selling pressure has pushed it down to $1.1685. The price is attempting to stabilize, but further downside remains a risk.

🔸 Key Levels to Watch:

Resistance: $1.1800 - $1.2100 (Breakout needed for further upside)

Support: $1.1500 - $1.1200 (Break below could trigger a deeper correction)

📊 Market Outlook:

If $LAYER holds $1.1500, another push toward $1.2000 - $1.2300 is possible.

A break below $1.1500 could send the price toward $1.1000 - $1.0800.

Parabolic SAR (1.2243) confirms bearish momentum is increasing.

🔥 Pro Tip: Watch for a bounce near $1.1500—if buying volume increases, a recovery toward $1.2000+ is likely. Otherwise, expect further correction.

#MGXBinanceInvestment #USTariffs #AltcoinETFsPostponed