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joe Treder ARPf
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$LAYER
guys watch out closely if it's broke the line it means it can go down further
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LAYER
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-9.17%
901
0
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joe Treder ARPf
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$LAYER seems like it's not gonna break the line if it's break it's mean it can go down further trade wisely 🙏🙏🙏📈📉
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$LAYER watch out closely
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Solayer (LAYER) Plunges 40% Token Unlock the main culprit ....The price decline occurred five days before unlocking over 27 million tokens, nearly 13% of the supply.
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LAYER’s token unlock and increasing emission may have played a part in a whale exiting its significant position. While the LAYER price is technically still in wave four, the shape of the decline and the negative news cast doubt on whether the rally can continue. A breakdown from the ascending parallel channel could cause LAYER to crash to new lows.The LAYER price has increased rapidly since April 9, when it broke out of an ascending parallel channel. Solayer’s increase led to a new all-time high price of $3.41 on May 5. As predicted last week, the LAYER price crashed after the high. As long as the price trades inside the channel, it allows for a fourth-wave pullback and a new high.
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$LAYER it will stuck between 1.5 - 1.8 to 1.3 for a while
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