🔥 $LAYER — Bears Pressing, But a Bounce Could Be Brewing 👀
$LAYER is stuck in a tight consolidation with a clear bearish bias, but the selling pressure is quietly fading. Volume has dried up near the lows, which often signals exhaustion rather than strength from sellers.
Here’s what stands out:
📉 Low volume at support → sellers aren’t aggressive anymore
📊 Futures flow turning positive → larger players may be positioning
💥 Spot outflows continue → weak hands exiting, not strong accumulation yet
This sets up a short-term relief bounce, not a full trend reversal.
🔍 Trade Idea (Tactical Long / Scalp)
• Watch the 0.153–0.155 support zone for bullish confirmation (hammer / engulfing)
• Alternative trigger: reclaim above 0.165 with hold
🎯 Targets:
• 0.175
• 0.183
🛑 Invalidation:
• Below 0.147 — structure fails
This is a counter-trend play inside a broader downtrend. Quick, disciplined, no greed.
Lose support → step aside. Hold support → bounce opportunity.
Are you dipping into the pause… or fading the bears? 🐻⚔️🐂