$LAYER Slides Below Support – Is More Downside Coming???
Are you buying this $LAYER dip or staying on the sidelines???
$LAYER dropped from $0.8091 to $0.7896, signaling mild bearish pressure after failing to hold above key short-term support.
Trade Setup:
Support: $0.7750
Resistance: $0.8200
Entry Zone: $0.7800 – $0.7950
Targets:
Target 1: $0.8100
Target 2: $0.8300
Target 3: $0.8600
Stop Loss: $0.7620
Suggestion:
Light accumulation possible near $0.78 zone — wait for confirmation on reversal.