$LAYER looking weak after losing the rising channel support on the daily chart.
Price is now trading below short-term momentum structure, and sellers are starting to take control near the $0.084 zone.
TP1: 0.0808
TP2: 0.0781
My take: if bulls fail to reclaim the broken trendline quickly, this could turn into a deeper correction. Watching volume closely here because any weak bounce may just become a lower high before another move down. 📉