It has skyrocketed, but the clear signal now is the rejection after the hype cooled off.
$LAYER
/USDT - short
Trading plan:
Entry: 0.1268 – 0.1295
Stop loss: 0.1342
Take profit 1: 0.1220
Take profit 2: 0.1188
Take profit 3: 0.1135
Why these settings?
• The 15-minute trend is short with 56% confidence—not entirely negative, but the momentum is fading.
• The price was strongly rejected from 0.1572 and failed to regain the strong bullish structure.
• The MA7/MA25 area is now acting as resistance, not a clean support.
• Volume is tapering off after the rise, making rejection of the lower high more dangerous for late traders.
Discussion:
Will you short on the retest of 0.1280 or wait for a breakdown below 0.1220?
$LAYER
/USDT - short
Trading plan:
Entry: 0.1268 – 0.1295
Stop loss: 0.1342
Take profit 1: 0.1220
Take profit 2: 0.1188
Take profit 3: 0.1135
Why these settings?
• The 15-minute trend is short with 56% confidence—not entirely negative, but the momentum is fading.
• The price was strongly rejected from 0.1572 and failed to regain the strong bullish structure.
• The MA7/MA25 area is now acting as resistance, not a clean support.
• Volume is tapering off after the rise, making rejection of the lower high more dangerous for late traders.
Discussion:
Will you short on the retest of 0.1280 or wait for a breakdown below 0.1220?