$LAYER TRYING TO STABILIZE AFTER CRASH DEAD CAT BOUNCE OR REAL RECOVERY❓$LAYER just bounced from the $1.5945 low, now hovering near $1.78 on the 4H chart. While the MACD shows declining bearish momentum, bulls haven’t regained full control yet. Price is stuck below key resistance at $1.90 only a breakout there could ignite a recovery toward $2.00 and $2.18.

Current Structure: • Support: $1.59 (recent low) • Resistance: $1.90 – $2.18 zone • MACD: Bearish but stabilizing

Short-Term Outlook: This bounce could be short-lived unless volume steps in. Watch for confirmation above $1.90 or risk a slide back toward $1.60. Trade with tight risk control.