$LAYER Took a Hard Hit — What’s Next? Don’t Panic, Stay Smart!

After skyrocketing from $0.20 to $3.43 (+1600%), $LAYER has dropped almost 70%, now around $1.02. The big question: is this the end, or just a shakeout before the next move?

Here’s the situation:

Price holding near $1.02

Support around $0.98–$1.00 but looks fragile

Selling pressure is strong (63% volume on sell side)

No clear signs of a turnaround yet

Possible paths:

1. Bounce Back: If buyers step in, price could rebound to $1.25–$1.45

2. Further Drop: If $0.95 breaks, next solid support is $0.70–$0.50 — a likely buy zone for smart investors

3. Full Recovery: Only if climbs back above $1.65 with solid volume — patience required

My take?

Don’t rush to buy just because it’s cheap. Wait for proof of strength before making moves. If you’re already in, manage your risk carefully.

Bottom line:

This dip is tough but might set the stage for a future rally. Watch the charts, ignore the noise, and trade based on facts — not fear.

$LAYER $1.0167 (-0.6%)

#LAYER #CryptoMarket #Write2Earn! #StayCalm #TradeSmart