$LAYER price has plummeted over 60% in two days, from $3.43 to $1.3087. Key observations:

- Daily drop: -29.07%

- High volume (~$92M) indicates panic selling

- Support zone: $1.26-$1.30

Caution is advised. Wait for a clear reversal signal or strong reclaim of former support zones before re-entering. Binance users should stay informed and cautious in volatile markets.