$LAYER /USDT – Sharp Rejection Below $2.02, Bearish Momentum Active 📉🚨

LAYER faced a strong rejection near the $2.02 mark after a minor rally, failing to sustain higher highs. The price is now down -8.60%, hovering around $1.95. The 15m chart shows a clear drop after the peak, with lower highs and bearish candles taking control.

Trade Setup:

Entry Zone: $1.94 – $1.97

TP 1: $1.91

TP 2: $1.88

Final Target: $1.85

Stop Loss: $2.02

Bearish momentum is likely to continue if bulls don’t reclaim $2.00+. Watch for breakdowns below $1.93 as a continuation signal.

Pro Tip: Avoid longs unless $2.00 is reclaimed with volume!

#LAYERUSDT #CryptoAlert #ShortTradeStrategy #BinanceTraders #DeFiUpdate