LAYER/USDT is showing a classic bearish divergence on the 1-hour chart. While the price made a higher high, the RSI printed a lower high, signaling weakening bullish momentum. This could indicate an upcoming pullback or trend reversal. Traders should watch for a break of key support levels and bearish confirmation signals before making their next move. Is this the start of a correction? Stay cautious!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.