$LAYER /USDT BEARISH RETEST IN PLAY — SHORT SETUP AS PRICE FAILS TO HOLD ABOVE SUPPLY ZONE!
After a strong pump to the $1.36 level, $LAYER has sharply retraced and is now retesting the previous supply zone near $1.28–$1.25, which has flipped into resistance. The current 30-minute chart structure shows strong bearish candles with high volume rejection from the top. This setup indicates a potential drop if it fails to reclaim above $1.26.
Trade Setup: (SHORT TRADE)
Entry Zone: $1.250 – $1.260
Take Profit: $1.183 / $1.142 / $1.092
Stop Loss: $1.285
Market Outlook:
Momentum has shifted after the high-volume rejection, and the lower high formation signals weakness. If the resistance holds and selling volume increases, the pair may fall toward the prior demand zones below $1.20. Ideal for quick scalps or a short swing trade.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
#LayerToken #CryptoSetup #BearishBreakdow #AltcoinWatch #ShortTradeSignal
buy and trade here on $LAYER