$LAYER /Usdt #Short trade setup.....
Current Price: $0.8609
๐ Rejected from High of $0.9111
๐ Key Levels:
Resistance: $0.8800 / $0.9000
Support: $0.8400 / $0.8100
๐ฏ Targets:
TP1: $0.8400
TP2: $0.8200
TP3: $0.8000
๐ Stop Loss: $0.8800
๐ Market Insight:
Strong rejection from recent high indicates selling pressure.
Bearish engulfing candle forming, signaling further downside.
Break below $0.8500 could trigger more sell-offs.
๐ฅ Pro Tip:
Look for a slight retracement to $0.8650 before entering.
Monitor volumeโhigh sell volume confirms the downtrend.
Secure profits at TP1 and trail stop loss to maximize gains.
๐ Stay disciplined & manage risk wisely!