Chart Breakdown – LAYER/USDT
Price Action Insight | Smart Money Perspective
After a rapid bullish rally, LAYER/USDT faced a strong rejection near the upper Bollinger Band and MA resistance zone. The engulfing red candle signaled a shift in momentum, followed by consolidation and liquidity sweep.
Current zone is critical: we're seeing a reaction near a possible Order Block. Volume spikes suggest institutional involvement.
Educational Tip:
Always wait for confirmation before entering a trade after such volatility. Look for:
Break of structure
Retest of key zone (OB or Fair Value Gap)
Volume confirmation
This chart was shared for educational purposes only. This is not financial advice. Trade safe.