$LAYER USDT BEARISH BREAKDOWN — SUPPORT LOST, DOWNSIDE IMMINENT!
LAYER has officially broken below key horizontal support around 0.701, flipping the zone into resistance after multiple rejections from the 0.722 region. The failure to hold this level signals rising bearish pressure, and price is now targeting lower zones in alignment with the broader correction.
Trade Setup (Short):
🔴 Entry Zone: 0.700 – 0.701
🎯 Take Profit Targets:
• TP1: 0.667
• TP2: 0.657
• TP3: 0.648
🛑 Stop Loss: 0.722
Market Outlook:
Price is now trading below the 200 EMA, and momentum has shifted to the downside. Sellers remain in control as long as the price stays under 0.701. Expect acceleration toward lower supports if volume picks up.
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buy and trade here on $LAYER