$LAYER PLUNGE – WHAT’S NEXT? DON’T GET CAUGHT OFF GUARD

The recent crash in #LAYER has rattled a lot of holders, especially after its insane run from $0.20 to $3.43—a +1600% surge. But now, with price dipping to $1.02 (down nearly 70%), the big question is:

“Is this game over or just a setup for something bigger?”

Here’s a clear, no-hype breakdown:

MARKET SNAPSHOT:

Current Price: $1.0237

Support Zone: $0.98–$1.00 (weak but still holding)

Volume: Decent, though 63.42% is on the sell side

Trend: Broken—no sign of recovery yet

POSSIBLE SCENARIOS AHEAD:

1. Relief Bounce:

If buyers defend $1.00, we might see a short-term move to $1.25–$1.45

However, without strong volume and structure, don’t expect a trend reversal

2. Continued Breakdown:

If $0.95 fails, the next solid support lies between $0.70 and $0.50

That’s where institutional money may step back in

3. Gradual Recovery:

Only possible if price starts forming higher lows and reclaims $1.65+

This will take time—don’t expect a quick rebound

MY TAKE:

Now’s not the time to chase.

Let the chart show strength first.

In profit? Lock in gains smartly.

Waiting to buy? Be patient—wait for confirmation.

Feeling unsure? Sit back and watch for clearer signals.

BOTTOM LINE:

Red candles don’t mean the story’s over.

Stay focused, avoid emotional decisions, and watch the structure.

If $LAYER’s gearing up for another run, you’ll see it coil and build pressure first.

Stay patient, stay ready