$LAYER broke down hard… but is this the calm before a 1H bounce?

Just watched LAYER/USDT slide down to $1.75 — a clean -9% dump.

Zoomed into the 1H chart and guess what? Things are starting to look spicy again.

Here’s what I see:

RSI chilling at ~24 = seriously oversold.

MACD? Still bearish, but that momentum is cooling off — could flip anytime.

Volume spiked hard, now fading = panic may have peaked.

It dumped from over $2.8+ to this level like a flash crash. But the way bids are stacking up… looks like someone’s quietly accumulating.

Possible Play?

Watch if it consolidates here — quick bounce to $1.90–$2.00 is possible.

But no FOMO. Wait for a proper confirmation candle. Patience is a skill.

TL;DR:

Chart looks wrecked. RSI looks juicy. MACD’s slowing.

Could be a trap. Could be a scalp.

Trade safe, legends.

#LAYER #ScalpSetup #CryptoCrashOrCatch #Oversold #1HSetup #CryptoMoves

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