๐ฅ $LAYER /USDT โ SHORT TRADE SETUP: BEARISH PRESSURE BUILDING ๐ฏ
Current Price: $0.6017
Change: -1.92%
Market Structure: Price is trending lower after failing to hold above $0.6174. Lower highs are forming, and buying pressure remains weakโclassic signs of bearish exhaustion.
๐ Short Setup
- Entry Zone: $0.6050 โ $0.6100 (on minor pullback)
- Stop Loss: Above $0.6200
- Targets:
- ๐ฏ TP1: $0.5900
- ๐ฏ TP2: $0.5800
- ๐ฏ TP3: $0.5700
๐ง Trade Analysis
Sellers are regaining control after repeated rejections near resistance. Red candles are printing with increased volume, signaling bearish continuation. Short entries near the pullback zone offer strong risk-to-reward. Watch for rejection candles to confirm momentum.
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