$LAYER/USDT Short Trade Signal ๐ป
๐ Current Price: $0.9613
๐ Market Trend: Weak uptrend, losing momentum
Key Levels:
Resistance: $0.9750 - $0.9900
Support: $0.9300 - $0.9100
Trade Setup:
๐ฏ Target Levels:
TP1: $0.9400 โ
TP2: $0.9200
TP3: $0.9000
๐ Stop Loss: $0.9850
Market Insight:
Price rejection near $0.9800 suggests strong selling pressure.
Bearish wicks and increased volatility indicate uncertainty.
A break below $0.9500 could lead to a stronger downward move.
๐ฅ Pro Tip:
Ideal short entry zone: $0.9650 - $0.9750 for a favorable risk-reward ratio.
Take partial profits at $0.9400 and trail stop loss for extended gains.
If price moves above $0.9850, bullish momentum could invalidate the setup.
โ ๏ธ Risk Management:
Stick to a 2:1 risk-reward strategy.
Monitor for bullish reversal signs near $0.9300 in case of strong buying pressure.
๐จ Bearish Confirmation โ SHORT POSITION ACTIVE! #Write2Earn
