LAYER
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$LAYER is one of those seed-tag coins that still looks wrecked on the higher timeframes, but the last day or so has actually been pretty interesting.
Money flow has finally flipped green again, with small and medium orders doing most of the buying, and price grinding back above the 0.20 area instead of just bleeding straight down. Still a clear downtrend overall – this is a bounce play for me, not an “investment”.
I’ve got a small spot position and a simple ladder of limit sells sitting above price, aiming to let any sudden wick into the old levels do the work for me. If it loses the 0.19–0.20 zone again, I’ll treat it as a failed bounce and move on.
TP 1: 2.227
TP 2: 2.365
TP 3: 2.650