$LAYER USDT short tread signal ๐
BEARISH REVERSAL ALERT โ SELLERS SEIZING CONTROL ๐ป
$LAYERUSDT has failed to sustain its breakout above 0.6400, forming a sharp rejection candle indicating strong selling pressure. This signals a potential retracement back to previous support levels as momentum shifts bearish in the short term.
๐ป Trade Setup (Short):
Entry Zone: 0.6330 โ 0.6360
Targets:
๐ฏ TP1: 0.6260
๐ฏ TP2: 0.6170
Stop Loss: 0.6405
๐ Market Outlook:
Momentum has flipped bearish on the 15m timeframe with rejection wicks confirming resistance at 0.6400. If price maintains below 0.6360, expect a swift move down to the 0.6170 demand zone. Buyers will only regain control if the price breaks and closes above 0.6405.
โ ๏ธ Risk Management:
Risk only 1-2% per trade to preserve capital during fast downside moves.
#LayerUSDT #CryptoShorts #BearishSetup #ScalpTrade #BreakdownAlert
๐ฌ Comment ๐ป if youโre entering this short to capitalise on the pullback!
buy and trade here on $LAYER
