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Is $LAYER about to break out or is this a dead cat bounce? 🤔
Volume is looking pretty healthy on this spike.
We've been consolidating in this range for a while, and the sellers got absolutely crushed recently.
The immediate resistance level around the 0.23 area is the next target if this momentum holds. Watching if it can stay above 0.22 tonight.
Could be a nice quick scalp if we get a retest and hold there. Don't YOLO it.
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