#BuiltonSolayer and $LAYER @Solayer
LAYER Price Action
After a sharp sell-off from $0.6207, $LAYER found its daily low at $0.5854 before bouncing back to $0.6025. This recovery shows demand is active near lower levels, but the overall trend remains weak with -2.18% daily loss. The MA(5) is at $0.599, closely supporting the price, while MA(10) sits higher at $0.627, highlighting short-term bearish bias. If bulls can flip $0.606–$0.610 into support, the path toward $0.615–$0.620 reopens. Otherwise, failure to hold $0.600 may drag price back to $0.591–$0.585. Caution is needed, as volatility remains high and volume signals reduced buyer strength.
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