This setup already hit the TP at 0.7119 once — the green arrow and candle movement on the left side of the chart clearly show that the price completed the full target.
Now, after a retest, the market is showing a bearish structure, with fresh rejection from the same zone. It looks like a new short setup is active, aiming for a target near 0.6403.
So in summary:
✅ The first take profit was already successfully hit.
🔁 Price has returned to the same level — but this time for a short.
💬 Final Verdict:
➡️ The previous trade was a win.
➡️ Now a fresh short opportunity is forming.
⚠️ Place your stop-loss just above 0.6851 to stay safe.
$LAYER USDT SHORT TRADE SIGNAL 🔴
The previous long setup has already hit its target at 0.7119, completing a clean bullish move. However, after the top-out, price retraced and is now showing strong rejection from the mid-supply zone around 0.6851 — indicating a potential reversal.
Now a new short setup is forming, with clear bearish momentum and a downside target near the previous demand zone.
Trade Setup:
• Entry Zone: 0.6730 – 0.6752
• Stop Loss: 0.6851
• Take Profit: 0.6403
• Margin: 2-3% of wallet
• Leverage: 10x
Market Outlook:
Momentum has shifted from bullish to bearish on the 15m timeframe. Price is forming lower highs, and a breakdown continuation is likely toward the 0.6400 area. Rejection from key resistance strengthens short bias.
#LAYERUSDT #CryptoSignal #ShortSetup #PriceAction #BinanceTrade
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