$LAYER /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN — SUPPORT ZONE AT RISK OF COLLAPSE!
$LAYER is showing clear signs of weakness after multiple rejections near the $1.17 resistance zone. Price action is now hovering just above a key demand level. A breakdown below $1.16 could trigger a sharp sell-off, with downside pressure building due to consistent lower highs and reduced bullish volume.
Trade Setup (SHORT):
Entry: $1.16 – $1.17
Take Profit: $1.05 / $0.96
Stop Loss: $1.28
Market Outlook:
Bearish structure is forming as price compresses below a horizontal resistance band. If the current support cracks, a swift drop is expected. Trade with caution and manage your risk.
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