$LAYER Layer (LAYER) Analysis: Capital Outflows, Bearish EMA, and Recovery Prospects
Layer (LAYER) has dropped 3.47% over the past 24 hours, pressured by bearish EMA trends and recent capital outflows. Despite short-term challenges, technical indicators such as MACD and RSI suggest potential upward momentum and recovery from oversold conditions.
The investor community remains optimistic about Layer’s long-term prospects, driven by its advanced InfiniSVM technology, practical utility through the Emerald card, and strong community governance.
💬 Do you think Layer can turn the current oversold setup into a sustained rebound, or will capital outflows and bearish EMAs keep it ranging for longer?
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