$LAYER LAYER – Recovery Potential After Price Correction
Over the past 24 hours, LAYER has dropped about 4.6%, impacted by negative technical indicators such as EMAs and MACD, along with notable capital outflows from the token. This suggests short-term corrective pressure as the market tests buying demand.
However, LAYER’s fundamentals remain solid. Notably, the successful governance proposal on InfiniSVM’s inflation schedule, combined with continued development of restaking features and practical utilities, lays the foundation for long-term growth.
From a technical perspective, LAYER is currently in the oversold zone based on RSI and Bollinger Bands, indicating a potential short-term rebound ahead.
💬 Do you think LAYER can seize this opportunity to reverse its trend and resume growth, or will selling pressure continue to dominate? Share your thoughts below
