Big Liquidation Just Hit $LAYER !
$2,446.3 worth of Longs got REKT at $1.0376!
Smart money is shaking the weak hands — now it’s time to PLAN YOUR ATTACK!
Here’s the full analysis:
Buy Zone:
$0.9800 - $1.0300
This is the demand zone just below the liquidation wick — where smart money could be loading up again. Watch for a bounce or confirmation candle.
Target 1:
$1.18 — First key resistance and psychological level.
Target 2:
$1.26 — Previous high before the recent dump. High probability profit zone.
Target 3 (Moonshot):
$1.42 — Major resistance + Fibonacci extension level.
Stop Loss:
$0.9350 — Below the previous strong support. Protect your capital!
Strategy Insight:
Whales flushed out leveraged longs — now the chart looks primed for a bullish recovery. Wait for price action confirmation in the buy zone or a reclaim of $1.05 before entering. This could be a trap-to-pump setup!
Trade the smart way — let the liquidations show you the way!