$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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