$LAYER is has broken down more than 45% today after the formation of a double top on the daily chart. Support areas can be given using the Fibonacci between $2.01 -$1.2063.
That support area needs to hold. On loosing that support area watch for a massive breakdown move to give us a reset of the lows made at $0.6012.
On holding within the support there will be a chance of a bounce back.
