$LAYER /USDT – BEARISH MOMENTUM BUILDING 📉
TRADE SETUP:
• Entry Zone: $0.0955 – $0.0962
• Take Profit 1: $0.0940
• Take Profit 2: $0.0928
• Stop Loss: $0.0978
$LAYER/USDT is currently showing short-term bearish pressure after failing to sustain higher levels near $0.0980, indicating possible continuation toward lower support zones.
MARKET OUTLOOK:
• Price action is forming lower highs on the 15m timeframe, showing weakening bullish momentum
• Price has dropped below short-term moving averages, indicating bearish control
• Volume spikes on red candles suggest increased selling pressure
• Key support zones around $0.0940 and $0.0928 remain in focus
Conclusion:
If sellers continue defending the $0.0965–$0.0978 resistance area, $LAYER may extend its decline toward lower support levels in the short term.
#LAYER #LAYERUSDT #CryptoTrading #TechnicalAnalysis #BearishSetup