$LAYER /USDT BEARISH BREAKDOWN — SUPPORT BREACHED, PRESSURE BUILDING!
$LAYER has broken below key support at 0.9900, now trading around 0.9874 with high downside pressure. The breakdown from consolidation and continued lower highs suggest further bearish momentum ahead. Immediate lower levels are now in focus as the market struggles to find a floor.
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Trade Setup: (Short Position)
Entry: 0.9870 – 0.9900
Take Profit: 0.9650 / 0.9500
Stop Loss: 1.0000
Market Outlook:
Sellers have taken control below $0.99, and a move toward the 0.95 zone is highly likely if support doesn’t reclaim soon. Weak volume on bounces adds to the downside bias.
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