🔥 TRADE AND INVEST 🔥
A similar scenario to what we saw with $OM is now unfolding with $LAYER which is down -50-70% in the last week
After a parabolic rally, the price has broken down with high volatility and volume. A classic sign of distribution following a liquidity sweep.
The structure of the last candle suggests intense stop-hunting and forced liquidations.
These sharp drops often occur when market makers push the price up to trap longs, then aggressively unwind the buildup.
The trend is clearly broken. The next key areas to watch are support zones and potential accumulation phases.
What are your thoughts? 👇
⚙️ Risk: Use proper risk management — 3x–5x leverage recommended