#TradingStrategyMistakes #USCryptoWeek
USCryptoWeek LAYER/USDT is on every trader’s radar right now – but is the hype over? Or is this the calm before the next storm? 🌪️📉 After reaching a jaw-dropping high of $3.43, LAYER has tumbled hard and is now trading around $0.6470, marking a brutal -64.75% drop in the last 90 days. The monthly chart shows a strong downtrend with fading volume, signaling that the explosive rally might have been short-lived.
With the 30-day performance down -17.53%, and prices hovering just above the support level of $0.63, the market is watching closely. A bounce from this level is possible – but only if fresh volume and positive sentiment kick in soon. Right now, it's clearly a consolidation phase, and smart traders are looking for confirmation signals before jumping in.
$BNB