Market Analysis: LAYER/USDT – Short Entry Risky Right Now
The current trend in LAYER/USDT is clearly bullish. The price has been making higher highs and higher lows consistently, and both EMA 20 and EMA 50 are trending upward. Entering a short position in such a scenario is highly risky without a solid reversal signal. A more strategic approach would be to wait for the price to break below 1.50 support and confirm weakness with strong selling volume and red candles. Until then, it is advisable to avoid shorting. Always use proper risk management — if you still short, place your stop-loss above the recent high (around 1.63). #PowellRemarks