$LAYER /USDT — Short Trade Signal

Current Price: $3.2499 (+12.98%)

24h High / Low: $3.3150 / $2.8410

Volume: 14.29M LAYER | 43.79M USDT

MA Levels: MA(7): 3.2636 | MA(25): 3.1618 | MA(99): 3.0069

Technical Analysis:

LAYER just hit a strong resistance at $3.31 and is now pulling back slightly below MA(7). Price is extended after a 12% move, and volume is showing signs of exhaustion. MA(5) is flattening while the price fails to hold breakout.

My Personal View (Crypto Master):

This setup looks like a short-term overbought condition. If price fails to reclaim $3.26, we could see a retracement to the $3.08 or even $2.99 area. A clean rejection from resistance makes it a good spot for scalping a short.

Short Entry Zone: $3.24 – $3.28

Target 1: $3.08

Target 2: $2.99

Stop Loss: $3.33

Bias: Short-Term Bearish

— Crypto Master