🟥 $LAYER USDT Short Sell Signal 🛑 🚦
Bearish Reversal - Short Sell Before a Strong Decline
The price attempted to reclaim the resistance level at 0.6600 but failed to hold, indicating strong seller control. This rejection suggests the potential for a sharp decline as the bulls lose control.
🔻 Trading Setup (Short Sell):
• Entry Zone: 0.6570 - 0.6600
• Take Profit 1: 0.6500
• Take Profit 2: 0.6450
• Take Profit 3: 0.6350
• Stop Loss: 0.6660
📊 Market Forecast:
Momentum flipped bearish after repeated rejection at the local resistance level. The trend structure shows a formation of lower highs with the potential to return to deeper demand areas if the current support breaks.$LAYER