$LAYER Dip – Opportunity or Red Flag?”

🚨 LAYER is down over 70% from its ATH of $3.39. Current price: ~$0.97. 

🔓 May 16 Token Unlock: 46.39M LAYER tokens (~22.8% of supply) released, increasing market supply.

🐋 Whale Activity: Significant short positions and negative funding rates have contributed to the decline.

📊 Technical Outlook: Approaching oversold territory, but caution is advised as market sentiment remains bearish.

Is this a buying opportunity or a warning sign? Share your thoughts below. 👇

DYOR

#layer #CryptoAnalysis #TokenUnlock #WhaleWatchers #BinanceInsights