$LAYER BLOODBATH – EXTREME DUMP ZONE UNLOCKED❗$LAYER crashed from a 24h high of $3.1130 down to $1.7043, marking a brutal -42.26% collapse. This death spiral comes after a failed attempt to hold above $3.43, with red candles stacking up back-to-back.

Current Stats:

Price: $1.7169

24h Volume: 77.36M LAYER

4h MACD: Bearish crossover intensifying

Trend: Strong downward momentum, no bottom confirmed yet

With this level of velocity, $LAYER is now deep in oversold territory but caution is key. No signs of reversal yet, and liquidity exit zones are still active.

Short Setup (High-Risk, Trend-Rider Play)

Entry: $1.72 – $1.76

TP1: $1.60

TP2: $1.44

SL: Above $1.87

Only for experienced traders wait for candle confirmation and avoid jumping in blindly. Momentum is king in this kind of flush.