$LAYER /USDT – Potential Breakdown Ahead!🔥💯
$LAYER is currently trading at $0.8788, reflecting a sharp -6.70% decline for the day. The bearish momentum is intensifying, with price testing support levels amid increasing selling pressure.
Trade Setup
Entry: $0.8788
Take Profit: $0.8400
Stop Loss: $0.9050
Market Outlook:
LAYER has been in a strong downtrend, failing to hold key support levels. If the price loses the $0.8700 mark, expect further downside movement. Bulls need to regain control above $0.9000 to invalidate the bearish setup.
Pro Tip: Watch for a volume spike. If selling pressure remains high, a short trade could yield quick profits. Keep your risk-to-reward ratio in check for optimal trade execution.