$LAYER USDT – BEARISH REJECTION AFTER SHARP SPIKE 🔴
REJECTION FROM $0.8467 HIGH
WEAK CLOSE WITH RISING SELL PRESSURE
$LAYER surged to $0.8467 but quickly faced strong resistance, forming a long upper wick and back-to-back red candles on the 4H chart. Volume shows profit-taking after the parabolic rally. Price is now hovering near $0.7993 with signs of fading bullish momentum. A breakdown below $0.7780 could trigger deeper correction.
Trade Setup (Futures):
Short Entry: $0.8000 – $0.8100
Targets: $0.7650 / $0.7400
Stop Loss: $0.8470
Failure to hold recent gains points to an incoming cooldown phase.
#LAYERUSDT #BearishReversal #CryptoCorrection #BinanceFutures #AltcoinAlert