$LAYER /USDT – Massive Pullback! Is This the Dip Before the Bounce?
After a wild -27.24% plunge, #LAYER is sitting at $1.29, down from its $1.91 high! With high volatility and volume still active, this DeFi alt could be brewing a rebound setup. Time to stalk the bounce?
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Trading Snapshot:
Current Price: $1.2905
Bullish Reversal Setup (High Risk – High Reward):
Entry Zone: $1.25 – $1.33
TP1: $1.50
TP2: $1.68
TP3: $1.85
Stop Loss: $1.19
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Market Outlook:
Despite the steep drop, buying interest is emerging near the $1.23 support. If MACD continues its bullish crossover and price closes above $1.35, a recovery rally could kick in.
Buy and trade here on$LAYER