$LAYER current price 2.709, very high open interests, high short positions 64%.

It's hard to say it goes up or down if you see the 15 mins chart. For myself, it continue going up, but don't buy long. Lets sell short at same previous peak.

Entry: 2.9 - 2.95, keep an eye the volume, if it is too much, just wait to catch higher peak

Target: 2.6 - 2.5 - 2.4

Leverage: x5

SL: -100% ROI (3.2)

Good luck!