$LAYER CRASHED

$LAYER just crashed from over $3.41 to a low of $1.80 a steep 39% drop. Now hovering around $1.63 atm, the slight rebound lacks strong momentum, with RSI sitting at 44.3. Almost the same thing that played out with $OM some few days back and this also indicates a bearish trend with possible consolidation ahead unless fresh buying pressure kicks in. Broken through major resistance over the last 24H.

Traders should be cautious, as the current bounce could be short-lived without confirmation of strength. Keep an eye on RSI and volume for signs of a true reversal.

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