🚨 $LAYER /USDT Trade Signal – Oversold Drop Near Support!

$LAYER is currently trading at $0.6366 (-4.87%), touching its 24h low of $0.6360, indicating strong bearish momentum. The price has broken below all major EMAs —

EMA(7): 0.6436

EMA(25): 0.6529

EMA(99): 0.6606

This shows clear downward pressure, but the price is approaching key support and may see a short-term bounce or continuation depending on buyer strength near $0.63.

🔥 Trade Setup:

Buy Zone: $0.6300 – $0.6370 (wait for confirmation candle or slight bullish reversal)

Stop Loss: Below $0.6200

Target 1: $0.6500

Target 2: $0.6620

📊 Market Outlook:

The chart is showing strong downtrend momentum, but volume is steady, and the RSI is likely entering oversold territory. Watch for any bullish engulfing candle or EMA(7) curling up for a safer entry.$LAYER #TradingStrategyMistakes #USCryptoWeek #BTCBreaksATH #ArbitrageTradingStrategy