$LAYER /USDT Analysis — Dipping, But Is It Prepping for leap?
LAYER just took a sharp -14.73% hit, now trading around $1.56 after touching a low of $1.5475. With a 24h volume of over $100M in USDT, this isn't just noise—this is volatility backed by real liquidity.
Short-term indicators are flashing caution:
MA(7): 1.7591 — we're trading below it.
MA(25): 2.6561
MA(99): 2.6089 — Both suggest we’re still far from regaining bullish control.
But here's the kicker:
Volume spikes (LAYER vol: 58M) show traders are watching closely. A reversal could be brewing—but catching a falling knife isn't for everyone.
Watch zones:
Support: 1.54 - 1.40
Resistance: 1.86 - 1.91
If you’re in, manage your risk. If you're out, patience might get you a better entry—or keep you safe. No formal advice—just reading the noise before the next move.