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🧩 $LAYER /USDT 4H Technical Breakdown 💰 Current Price: $

kimchi_trades

Updated at: 16 hours ago

{"content":"🧩 $LAYER /USDT 4H Technical Breakdown 💰 Current Price: $0.6109 ⏱️ Timeframe: 4H 📉 Trend: Still bearish, but trying to wake up. 📈 Moving Averages: MA7: $0.6094 — hugging tight, chop zone. MA25: $0.6159 — price flirting here, needs a clean break. MA99: $0.6615 — BIG resistance wall ahead 🧱 🎯 Targets (If Breakout Happens): 🎯 Target 1: $0.6300 — small pump zone, local resistance. 🚀 Target 2: $0.6550 — just under MA99, expect turbulence. 💎 Target 3: $0.6900 — clear skies if MA99 flips bullish. 🛡️ Supports: ⚠️ Support 1: $0.6000 — psychological line in the sand. 🛑 Support 2: $0.5830 — lowest wick level from recent dip. 🧠 Market Mood: Price action is pinched between MA7 and MA25, forming a mini coil. Momentum’s dead… for now. But if bulls step in, a short squeeze to $0.63+ is possible. However, until MA99 is reclaimed, it’s just relief rallies, not a true reversal. 🔮 TL;DR: Neutral-Bearish bias 🔻 Needs a break above $0.6160 to flip momentum. Under $0.6000 = bears fully in control. @solayer_labs #BuiltonSolayer ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/17/6e974fd3c8260b045fa756e4859ac303.png"],"tags":[],"tradingPairs":["LAYER/USDT"],"quotearticleid":0}

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