$LAYER USDT TURNING BEARISH — REJECTION FROM SUPPLY ZONE TRIGGERS DOWNSIDE WAVE
Price faced strong rejection from the 0.6390–0.6415 resistance zone and has started forming lower highs on the 30m chart. Sellers have stepped in aggressively, and the current price action is leaning bearish. A breakdown below 0.6180 support can accelerate the downside move.
Trade Setup: Short Trade Signal 🔴
Entry Point: 0.6280 – 0.6300
Stop Loss: 0.6415
Take Profit: 0.6180 / 0.6125
Margin: 2-3% of wallet
Leverage: 10x
Short Outlook of Market:
Market structure has shifted to the downside as price fails to reclaim upper levels. Sellers are defending resistance zones well, and if 0.6180 breaks, further bearish continuation is likely.
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