$LAYER testing support — bounce or breakdown?

$LAYER has been on a downward trend, currently trading around $1.01, after reaching a 24-hour high of $1.08 and a low of $0.9999.

The price is hovering near the $1.00 support level. If this level holds, we might see a rebound towards the $1.08 resistance. However, a drop below $1.00 could signal further downside.

Are you watching for a bounce or preparing for a breakdown?