📉 $LAYER /USDT - Bearish Trading Setup 🚨

💰 Current Price: 0.7370 USDT

📊 24-Hour Change: -0.43 %

⏳ Time Frame: 1-Hour Chart

📊 Market Trend: Bearish

---

🔍 Market Analysis:

✅ LAYER/USDT is in a strong bearish trend, forming lower highs and lower lows.

✅ The price is falling below key support, confirming increased bearish pressure.

✅ A downward trend line indicates ongoing selling pressure.

✅ The recent rejection at 0.7500 suggests a failed bullish attempt to reverse.

---

📌 Bearish Trading Setup for LAYER/USDT

🔹 Sell Entry: below 0.7370

🎯 Target 1: 0.7000 ✅

🎯 Target 2: 0.6899 ✅

🎯 Target 3: 0.6750

❌ Stop Loss: above 0.8600

📌 Bearish confirmation needed:

The price remains below key resistance (0.7500 - 0.7600).

Sustained selling pressure below the downward trend line.

No significant bullish breakout above 0.7700.

---

📌 Bullish Scenario (if the price surpasses 0.8600)

📌 Buy Entry above: 0.8700

🎯 Target 1: 0.9000

🎯 Target 2: 0.9500

🎯 Target 3: 1.0000

❌ Stop Loss: below 0.8300

🔹 Bullish confirmation needed:

Break above the trend line resistance.

Formation of higher highs and higher lows.

Increased buying volume and bullish candlestick patterns.

---

⚠️ Final Thoughts:

📌 LAYER/USDT remains bearish unless a strong reversal occurs. The next support at 0.6899 could act as a short-term target.

📌 If the bulls manage to break the resistance at 0.8600, a trend reversal could be possible.

📉 Would you short this trade or wait for a bullish breakout? 🔻🚀

#BNBRiseContinues #CZBroccoliM #PPI #BinanceAlphaAlert #BinanceAlphaAlert