Professor_Michael
--
Bearish
$LAYER USDT BEARISH SETUP โ BIG DROP LOADING! ๐จ๐ฅ
The market is showing strong bearish momentum as $LAYERUSDT breaks below key support levels. The price is currently $0.8507 (-2.28%), indicating increased selling pressure. A retest of the broken support at $0.8603 is expected before further downside.
๐ Key Levels:
๐ด Resistance: $0.8804 - $0.8834 (Strong rejection area)
๐ข Support: $0.8033 (Next major demand zone)
๐ Trade Setup โ SHORT ENTRY
๐น Entry: $0.8603 (On pullback to resistance)
๐น Take Profit (TP): $0.8033 (Major support zone)
๐น Stop Loss (SL): $0.8834 (Above resistance)
๐ Market Outlook
The price is trending downward, and a rejection at $0.8603 will likely confirm the continuation of the bearish move. If sellers dominate, we can expect a sharp drop to $0.8033. Watch for bearish candlestick confirmations at resistance before entering.
โ ๏ธ Risk Management
๐ก Use proper position sizing & risk-reward ratio.
๐ก Always set stop loss & avoid overleveraging!
If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze! ๐ฅ๐
#USCryptoReserve
#CZ'sTokenModelIdea
#CMEsolanaFutures
The market is showing strong bearish momentum as $LAYERUSDT breaks below key support levels. The price is currently $0.8507 (-2.28%), indicating increased selling pressure. A retest of the broken support at $0.8603 is expected before further downside.
๐ Key Levels:
๐ด Resistance: $0.8804 - $0.8834 (Strong rejection area)
๐ข Support: $0.8033 (Next major demand zone)
๐ Trade Setup โ SHORT ENTRY
๐น Entry: $0.8603 (On pullback to resistance)
๐น Take Profit (TP): $0.8033 (Major support zone)
๐น Stop Loss (SL): $0.8834 (Above resistance)
๐ Market Outlook
The price is trending downward, and a rejection at $0.8603 will likely confirm the continuation of the bearish move. If sellers dominate, we can expect a sharp drop to $0.8033. Watch for bearish candlestick confirmations at resistance before entering.
โ ๏ธ Risk Management
๐ก Use proper position sizing & risk-reward ratio.
๐ก Always set stop loss & avoid overleveraging!
If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze! ๐ฅ๐
#USCryptoReserve
#CZ'sTokenModelIdea
#CMEsolanaFutures
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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