$LAYER /USDT BEARISH BREAKDOWN IN PLAY — SELL PRESSURE BUILDING BELOW KEY RESISTANCE!
$LAYER has been rejected from the 1.1948 resistance zone and is now trading below the critical mid-range at 1.1789. Price action shows a clear lower high formation and breakdown below structure support, suggesting bearish continuation is likely. The recent candle close beneath consolidation hints at momentum shifting to the downside.
Trade Setup (Short):
Entry: 1.1780 – 1.1800
Take Profit (TP): 1.1444
Stop Loss (SL): 1.1950
Market Outlook:
The pair is showing strong signs of bearish control as long as it stays below 1.1900. Volume also supports the downside push, and a clean move to the lower demand zone around 1.144 is highly probable. Bears remain in charge unless price reclaims key resistance.
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