⚠️ Massive Dump or Golden Opportunity? LAYER Just Crashed 39%! ⚠️
$LAYER is down -39.36% in the past 24h, now trading at $1.88 — and while many panic, smart traders are watching closely for signs of reversal.
📊 Technical Outlook (4H Chart):
🔻 Current Price: $1.8836
🔻 Previous High: $3.10
🔻 Support Zone: $1.60 – $1.75 (watch this closely)
🔻 Resistance to Break: $2.10
🔻 Potential Rebound Targets:
🔹 Target 1: $2.40
🔹 Target 2: $2.85
🔻 Stop Loss (for risky longs): $1.50
🧠 What to Watch:
✅ Oversold RSI conditions — potential for bounce
✅ Volume spike during dump — suggests capitulation
✅ Reclaiming $2.10 could signal trend reversal
💡 Solayer is part of the broader modular blockchain trend — and dips like these often attract aggressive entries when fundamentals remain strong.
📉 Pain for some = opportunity for others. Are you buying fear?
👇 Comment below: Is this a falling knife or your next re-entry point?
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