$LAYER USDT short tread signal 🛑 🚦
BEARISH REJECTION – EXPECT DEEPER DROPS AHEAD 🚨
Price has faced a sharp rejection from the supply zone near $0.6265, triggering an aggressive sell-off. Bears have regained control after a failed breakout attempt, indicating momentum towards lower support zones.
🔻TRADE SETUP (SHORT)
• Entry Zone: 0.6240 – 0.6265
• Take Profit: 0.6166
• Stop Loss: 0.6290
📊 MARKET OUTLOOK:
Momentum has flipped bearish after the false bullish spike. The current structure shows supply dominance below $0.6265 with immediate support at $0.6166. Any retracement to the entry zone can provide optimal risk-reward for shorts in this momentum-driven rejection.
⚠️ Risk Management: Maintain strict SL above resistance and size positions per capital allocation to avoid overexposure in rapid moves.
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buy and trade here on $LAYER