$LAYER /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN UNDER STRUCTURE — MORE DOWNSIDE LIKELY!
LAYER has broken below a key support zone near 1.20 and is now consolidating beneath it. The price has failed to reclaim that level and is forming a bearish continuation pattern near support at 1.1839. This signals weakness and increases the probability of a further drop toward the next demand zone.
Trade Setup (Short):
Entry: 1.1839
Take Profit (TP): 1.1428 / 1.1406
Stop Loss (SL): 1.2034
Market Outlook:
Bearish momentum is building as the price stays under rejected resistance and consolidates with lower highs. As long as 1.20 holds as resistance, sellers are in control. A clean breakdown below current levels can accelerate the sell-off.
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