$LAYER
USDT FACES STRONG REJECTION — BULL TRAP OR PULLBACK SETUP?
LAYERUSDT pumped over 10% but failed to hold above the 0.720 resistance zone, triggering a sharp sell-off back below 0.690. The chart shows a classic bull trap with price now retesting lower support. If bulls fail to defend the 0.670–0.675 zone, this could spiral into a deeper correction.
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TRADE SETUP 🔻 Short Trade Signal
Entry Zone: 0.6820 – 0.6880
Take Profit 1: 0.6720
Take Profit 2: 0.6600
Stop Loss: 0.6965
Leverage: 10x
Risk Allocation: 2–3% of wallet
MARKET OUTLOOK
Momentum has flipped bearish after a strong upside rejection. With failed breakout attempts and increasing sell-side pressure on the order book, sellers are likely to stay active unless price reclaims 0.705+. Expect volatility and tight stops.
#LAYERUSDT #AltcoinReversal #BearishSetup #cryptotradingpro #TrendShift
buy and trade here on $LAYER