Anasta Maverick
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$LAYER Slammed Down: Panic Dip or Bargain Zone?
Current Price: $1.5035
24h High/Low: $1.6627 / $1.4880
StochRSI: 51.79
MaStochRSI: 56.79
Daily Performance: -2.89%
Market Sentiment: 51.66% Buy vs. 48.34% Sell
LAYER just took a nosedive from $1.66 to $1.48 in a brutal red candle, shaking out weak hands. Price is now stuck in a tight range as bulls try to catch their breath. But is this a setup for a mean reversion or just the calm before more downside?
Chart Clues:
Flash dump from the top without any warning wicks—high volatility event
Short-term support forming around $1.48
Indicators hovering mid-level—neither oversold nor overbought
Buyers cautiously stepping in, but no conviction yet
Trade Setup – Watching $1.48–$1.52 Support Zone
Entry: $1.50–$1.52 (on bounce confirmation)
TP1: $1.56
TP2: $1.61
SL: $1.47
A reclaim above $1.52 with strong candles could signal a recovery push. If $1.48 cracks, though, LAYER might revisit the sub-$1.45 zone quickly.
Quick Take:
LAYER just got hammered. If this was just a liquidity flush, we might see a fast rebound. But if volume stays dead, don’t rule out a second leg down. Stay alert.
Current Price: $1.5035
24h High/Low: $1.6627 / $1.4880
StochRSI: 51.79
MaStochRSI: 56.79
Daily Performance: -2.89%
Market Sentiment: 51.66% Buy vs. 48.34% Sell
LAYER just took a nosedive from $1.66 to $1.48 in a brutal red candle, shaking out weak hands. Price is now stuck in a tight range as bulls try to catch their breath. But is this a setup for a mean reversion or just the calm before more downside?
Chart Clues:
Flash dump from the top without any warning wicks—high volatility event
Short-term support forming around $1.48
Indicators hovering mid-level—neither oversold nor overbought
Buyers cautiously stepping in, but no conviction yet
Trade Setup – Watching $1.48–$1.52 Support Zone
Entry: $1.50–$1.52 (on bounce confirmation)
TP1: $1.56
TP2: $1.61
SL: $1.47
A reclaim above $1.52 with strong candles could signal a recovery push. If $1.48 cracks, though, LAYER might revisit the sub-$1.45 zone quickly.
Quick Take:
LAYER just got hammered. If this was just a liquidity flush, we might see a fast rebound. But if volume stays dead, don’t rule out a second leg down. Stay alert.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.