Thanks for sharing the trading snapshot for $LAYER /USDT. Here's a breakdown of the key points:
Current Price:
$1.3075
Price Movement:
24h Change: -29.02% (significant drop)
24h High: $1.9196
24h Low: $1.2630
Volume:
$LAYER Volume: 93.12M
USDT Volume: 142.67M
Technical Indicators:
SAR (0.02, 0.2): 1.5034 (above current price — bearish)
RSI (6): 28.90 (below 30 — oversold, potential reversal zone)
MACD and Moving Averages suggest downward momentum.
Performance:
Today: -57.51%
7 Days: -17.07%
30 Days: -13.80%
(Indicates a strong recent dump)
Interpretation:$LAYER
RSI below 30 and sharp drop may suggest a short-term bounce potential, but overall trend is still bearish.
If you're trading, watch closely for reversal signs or confirmation before buying.
For long-term investors, now may be a time to wait unless you're averaging in.
