🚨 $LAYER /USDT BEARISH BREAKDOWN IN MOTION – TRENDLINE LOST, DOWNSIDE ACCELERATION ACTIVE!
$LAYER has broken below its ascending trendline and key horizontal resistance zone around $0.7650–$0.7672, confirming strong rejection and initiating a clear downward move. Current price at $0.7348 suggests bears are in full control.
Trade Setup (SHORT):
Entry Price: $0.7520 – $0.7600
Target 1: $0.7250
Target 2: $0.7185
Stop Loss: $0.7675
Why Short?
After repeated failures at the supply zone near $0.7670 and a clean breakdown of the trendline, $LAYER showed a sharp fall backed by bearish momentum. A lower high formation confirms trend reversal, with potential for extended selloff if it breaks below $0.7300.
Risk Management Tip:
Stick to the SL above $0.7675. Secure partials near $0.7250 and let profits run to $0.7185 with a trailing stop.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
Sell and Trade here on $LAYER
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