🔻 Technical picture: Figure: descending wedge (bullish pattern) → often signals a potential reversal upward. Current price: $0.5836 (slight decrease -0.48%). Resistance: ✔️ $0.5959 (Ichimoku cloud). ✔️ $0.6073 (MA99). Support: ✔️ $0.5611 (Ichimoku). ✔️ $0.5326 (SAR). Indicators: ✔️ The price is trying to break out of the wedge upwards. ✔️ MA7 and MA25 are almost crossing → signal for growth upon consolidation. ⚠️ The price is currently below MA99, the overall trend is bearish. 📈 Scenario: Breakout and consolidation above $0.60 → growth to $0.65–$0.70. Decline at $0.59 → return to $0.56–$0.53. 🔍 Fundamental (Solayer) ✔️ Protocol for restaking and liquid restaking on Solana. ✔️ Users can stake SOL or LST → earn income and support AVS (Actively Validated Services) and related solutions. ✔️ The direction of restaking is one of the top topics (similar to EigenLayer in Ethereum, but for Solana). ✔️ Support for Solana infrastructure makes the project promising against the backdrop of the growing DeFi and LST trend. 🚀 Strengths: Restaking + LST — hot niche (high interest). A strong Solana ecosystem, high speed, low fees. ⚠️ Risks: A young project, dependence on the Solana ecosystem. High competition among restaking protocols. 🔥 Result: Technically: the wedge gives a chance for a upward rebound upon breaking $0.60. Fundamentals: a project on the hype trend (restaking), strong connection with Solana.
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📊 LAYER/USDT Analysis (6H)
🔻 Technical picture:
Figure: descending wedge (bullish pattern) → often signals a potential reversal upward.
Current price: $0.5836 (slight decrease -0.48%).
Resistance:
✔️ $0.5959 (Ichimoku cloud).
✔️ $0.6073 (MA99).
Support:
✔️ $0.5611 (Ichimoku).
✔️ $0.5326 (SAR).
Indicators:
✔️ The price is trying to break out of the wedge upwards.
✔️ MA7 and MA25 are almost crossing → signal for growth upon consolidation.
⚠️ The price is currently below MA99, the overall trend is bearish.
📈 Scenario:
Breakout and consolidation above $0.60 → growth to $0.65–$0.70.
Decline at $0.59 → return to $0.56–$0.53.
🔍 Fundamental (Solayer)
✔️ Protocol for restaking and liquid restaking on Solana.
✔️ Users can stake SOL or LST → earn income and support AVS (Actively Validated Services) and related solutions.
✔️ The direction of restaking is one of the top topics (similar to EigenLayer in Ethereum, but for Solana).
✔️ Support for Solana infrastructure makes the project promising against the backdrop of the growing DeFi and LST trend.
🚀 Strengths:
Restaking + LST — hot niche (high interest).
A strong Solana ecosystem, high speed, low fees.
⚠️ Risks:
A young project, dependence on the Solana ecosystem.
High competition among restaking protocols.
🔥 Result:
Technically: the wedge gives a chance for a upward rebound upon breaking $0.60.
Fundamentals: a project on the hype trend (restaking), strong connection with Solana.