🔻 $LAYER /USDT Short Trade Signal Update! 🛑📉

$LAYER /USDT faced a heavy rejection near the key $0.6600 resistance zone, fueling strong selling momentum. Price has already smashed through the first target as bears dominate the intraday structure.

🔹 Short Trade Setup:

• Entry Zone: 0.6550 – 0.6600 (completed)

• Current Price: 0.6420

• Take Profit 1: 0.6400

• Take Profit 2: 0.6300

• Take Profit 3: 0.6200

• Stop Loss: 0.6650

📊 Market Outlook:

After the aggressive bearish engulfing rejection, momentum indicators remain strongly negative. As long as price stays below 0.6500, downside continuation is favored, with the next support zones near 0.6300 and 0.6200 in sight. Bears clearly hold the upper hand manage risk carefully and trail profits accordingly.