$LAYER /USDT BEARISH REVERSAL — BULL TRAP FOLLOWED BY STRONG DUMP!
$LAYER /USDT has sharply reversed from the $3.40 zone after forming a lower high and breaking the key intraday support around $3.00. The chart now shows a clear bearish structure with strong selling pressure driving it below $2.80, indicating continuation to the downside.
Trade Setup (Short):
Entry: $2.76 – $2.78
Take Profit (TP): $2.62 / $2.48
Stop Loss (SL): $2.88
Market Outlook:
Momentum remains bearish as bulls failed to defend the $2.90–$3.00 zone. Any weak bounce should be viewed as a short opportunity unless price reclaims $2.95 with strong volume.
Pro Tip: Use tight stop-loss and monitor RSI for oversold bounce traps — trend remains bearish below $3.00.
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