$LAYER USDT BEARISH REVERSAL IN PLAY – SELLERS READY TO STRIKE ⚠️
$LAYER is showing clear rejection from the 0.6669 resistance zone with a bearish engulfing move, indicating strong downside pressure. Current price is around 0.6505, and if momentum holds, we can see a sharp drop towards lower supports.
📊 TRADE SETUP (SHORT)
Entry: 0.6595 – 0.6629
Targets: 0.6500 / 0.6260 / 0.6250
Stop Loss: 0.6669
💡 MARKET OUTLOOK The structure has shifted bearish with clear lower highs forming. A confirmed breakdown below 0.6500 could accelerate selling towards the 0.6260 support zone. Overall, market sentiment remains weak unless price reclaims above 0.6669 decisively.
🔒 RISK MANAGEMENT Always risk only 1-2% per trade. Secure profits at key levels to protect capital during volatility.
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buy and trade here on $LAYER