$LAYER /USDT BEARISH PULLBACK IN MOTION — WATCH KEY SUPPORT LEVELS AHEAD!
$LAYER /USDT surged to a local high of $1.1226 but faced strong resistance and has since retraced back to the $1.04 zone. The chart shows a clear lower high structure forming with bearish candles dominating recent sessions, indicating potential downside continuation unless $1.06 is reclaimed swiftly.
Trade Setup (Short):
Entry: $1.045 – $1.060
Take Profit: $1.010 / $0.982
Stop Loss: $1.082
Market Outlook:
Failure to break and hold above the $1.08 resistance suggests weakening momentum. If sellers push below $1.02, further decline could accelerate. Keep an eye on volume and RSI for deeper confirmation.
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