๐ฅ $LAYER / USDT โ SHORT TRADE SIGNAL ON FIRE! ๐ฅ
$LAYER is trading at 0.5748 (+2.97%), but the market is flashing a bearish reversal setup after failing to hold above 0.5896. Sellers are stepping in strong, rejecting price near 0.59 resistance, and red candles are now confirming weakness. ๐
The momentum is clear: short-term exhaustion + rejection at resistance = bearish retracement incoming!
๐ Market Outlook:
Bulls tried to push above 0.59, but rejection signals sellers in control.
Volume is slowing down while sell orders increase, pointing to profit-taking & fresh shorts entering.
Momentum indicators (RSI + MACD) show overbought conditions cooling off.
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๐ Key Levels To Watch:
Resistance: 0.5850 โ 0.5900 (strong rejection zone)
Support: 0.5650 โ 0.5500 (likely downside targets)
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๐ฐ Short Trade Setup:
Entry Zone: 0.5740 โ 0.5800
TP1: 0.5650 ๐ฏ
TP2: 0.5580 ๐ฏ
TP3: 0.5500 ๐ฏ
Stop Loss: 0.5920 (above rejection zone)
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โก Pro Trader Note:
๐ If 0.5650 support breaks, expect stronger selling pressure, possibly accelerating the move down to the 0.55 region.
๐ But if bulls reclaim 0.59+, the short setup fails โ signaling fresh momentum for another upside attempt.
๐จ Conclusion:
Sellers are back in charge after a failed breakout. This is a high-probability short play with tight risk management. Stay sharp โ volatility is heating up, and big moves are coming! ๐ฅ
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