$LAYER trade update in very easy English:
$LAYER / USDT Trade Update
Current Price: $0.5904 – testing key support
Trend: Price is going down since $0.8467 → bearish until $0.6200 breaks
Trade Plan:
Sell Zone (Best Entry): $0.5930–$0.5980
Stop Loss: $0.6210 (if price goes above this, stop loss hit)
Take Profit Targets:
TP1: $0.5730 → small target
TP2: $0.5600 → bigger target
Bonus TP: $0.5400 → if strong sell continues
Why This Works:
Price keeps going down from $0.6200
Volume is low at current levels → weak buyers
Strong sell orders above $0.6050 → resistance
Scenarios:
Bearish (Price goes down):
Trigger: Close below $0.5930
Action: Sell short → aim $0.5730 / $0.5600
Bullish (Price goes up):
Trigger: Hold above $0.5730
Action: Buy small → aim $0.6200
Tips for Traders:
Scalpers: Sell small bounces at $0.5980–$0.6020
Swing Traders: Wait for $0.5730 test → decide to buy or sell
Risk: Never risk more than 2% per trade
Market Note:
Big holders (whales) and news/events can make price move fast. Most likely, the price goes down until it breaks $0.6200.
Prediction: Most likely short-term price move is down → $0.5730 or $0.5600
If you want, I can also make a super short version you can post for social media that’s easy to read and follow. Do you want me to do that?
