$LAYER /USDT BEARISH FREEFALL – MASSIVE BREAKDOWN AFTER HYPE PEAK!
$LAYER just witnessed a brutal rejection from the $3.40 region, crashing over 42% in a single candle and currently trading around $1.69. The parabolic rally failed to sustain as profit-taking and possible whale exits triggered panic selling. This kind of sharp drop signals a momentum shift from bullish euphoria to bearish dominance.
Trade Setup (SHORT):
Entry: $1.75 – $1.85
Take Profit (TP): $1.50 / $1.35
Stop Loss (SL): $2.00
Market Outlook:
With such a steep dump and no immediate signs of a strong bounce, the price may continue seeking lower support. Expect high volatility. Caution advised on long entries unless a solid reversal pattern confirms.
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