$LAYER /USDT short trade signal 🚦 🛑
BEARISH SETUP – REJECTION FROM SUPPLY ZONE COULD TRIGGER A STRONG DROP!
After testing the resistance zone around $1.85–$2.00, $LAYER/USDT is showing signs of exhaustion. Price action is forming a potential lower high under the supply zone, suggesting a rejection pattern that may lead to a deep pullback. Increased selling pressure from this level aligns with past resistance behavior.
Trade Setup:
Short Entry: $1.85 – $2.00
Take Profit (TP): $1.46
Stop Loss (SL): $2.06
Market Outlook:
As long as the price remains below the $2.00 resistance, the bearish pressure is likely to prevail. A breakdown from this range confirms a potential drop toward the $1.45 support zone. Use tight SLs and monitor volume shifts for confirmation.
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