$LAYER /USDC BEARISH REVERSAL SETUP š» | SELL PRESSURE NEAR RESISTANCE
š Current Price: 0.7944 USDC (+6.12%)
š KEY LEVELS:
š¼ Resistance Levels:
R1: 0.8043
R2: 0.8271
R3: 0.8448 (24h High)
š½ Support Levels:
S1: 0.7814
S2: 0.7586
S3: 0.7409
S4: 0.7383 (24h Low)
š TRADE SETUP ā SHORT POSITION:
š¤ Entry: 0.8000 ā 0.8050
šÆ Targets (TP):
TP1: 0.7814
TP2: 0.7586
TP3: 0.7400
š Stop Loss (SL): 0.8280
āļø RISK MANAGEMENT:
šø Risk 1%ā2% of capital
šø Secure profits by trailing SL after TP1
šø Stick to the plan ā avoid overtrading ā ļø
š MACD crossing down & price rejecting resistance ā bears may dominate soon!
#LAYER #TechnicalAnalysis #BearishMove #DeFiTrade #CryptoTA š„š
#BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #Write2Earn! $LAYER