Technical analysis by Bithereum_io about Symbol LAYER on 5 hour ago

#LAYER is attempting to break above the falling wedge pattern on the daily chart, but it’s also running into a resistance cluster that includes the Ichimoku cloud and the daily SMA50. Because of this, there’s a chance it may pull back into the wedge and retest the support. Consider buying a small bag here and near the support zone. If price breaks above the entire resistance cluster, the potential upside targets are: 🎯 $0.2913 🎯 $0.3599 🎯 $0.4153 🎯 $0.4707 🎯 $0.5496 🎯 $0.6501 ⚠️ Always remember to use a tight stop-loss and maintain proper risk management.