$LAYER USDT BEARISH REVERSAL LOADING — LOWER LOWS EXPECTED!
LAYER is showing signs of exhaustion after a temporary bounce into resistance. Price is approaching a key supply zone around $0.6250–$0.6270, where selling pressure is likely to re-emerge. A rejection here could trigger a sharp move down toward the next major support zone. The market structure remains bearish — smart traders should prepare for another leg lower.
🔻 TRADE SETUP: Short Position
Entry Zone: $0.6180 – $0.6250
Take Profit:
TP1: $0.6100
TP2: $0.6020
TP3: $0.5995
Stop Loss: $0.6275
📉 MARKET OUTLOOK:
Momentum remains bearish with consistent lower highs and lower lows. The recent pump is a classic liquidity grab targeting late bulls. If price fails to reclaim $0.6270, sellers are likely to take control again and drive price back into the previous demand zone near $0.6000.
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buy and trade here on $LAYER