🚨LAYER Plummet Truth Exposed! May 11th May Become a Critical Turning Point💣

$LAYER Flash Crash Triggered Panic, What Exactly Happened?

📉 Two Major Core Reasons:

1️⃣ On May 11th, over 27 million tokens will be unlocked (accounting for 13% of total supply) — the market faces massive selling pressure, supply and demand are unbalanced, and prices are naturally under pressure.

2️⃣ Large holders withdrawing + short-selling, massive short positions crashing the market, funding rates turning negative, and overall short-term sentiment is bearish.

📊 Short-term Speculation Opportunity?

If the price holds above $1.5440 and breaks through $1.5722 with volume, there may be a chance to challenge:

→ $1.5880

→ $1.6060

→ $1.6210

But if it falls below $1.5440 — the risk of further declines increases significantly!

⚠️ Technical Warning Signals:

RSI below 50, momentum weak

MACD death cross, trend is bearish

Falling below the rising channel may continue to decline

📌 Conclusion:

The LAYER project itself has not crashed, but is currently highly influenced by the unlocking and large holders' manipulation, with extremely high risk.

✅ If you are ready to buy the dip, make sure to set tight stop-losses, confirm signals before acting! Don’t let emotions drive your decisions!

Don’t chase the highs just yet — let the market prove itself first!