$LAYER (LAYER) has dropped from recent highs, currently trading near $1.50, marking a short-term correction after a strong April run.
🔍 Why the Pullback?
Profit-taking after recent pump
Market-wide cooling across modular and scaling tokens
Lack of fresh announcements or ecosystem catalysts
🕒 Next 24h: What to Expect
Support Level: $1.45 – key to hold for short-term bulls
Resistance Zone: $1.60 – breakout above could revive momentum
Watch For: Dev team or partnership news; potential CEX expansion or staking updates
⚠️ Sentiment: Cautiously Bearish (Short-Term)
If $1.45 holds, bounce is possible.
Below $1.40 = deeper correction likely.
