$LAYER /USDT – BEARS TAKING FULL CONTROL? đŸ”»đŸ”„

LAYER/USDT is trading at $0.7659 (-13.64%), experiencing a strong downtrend with continuous lower lows. If support fails, further downside is likely.

Key Levels to Watch

đŸ”č Resistance: $0.82 - $0.87 (Strong supply zone)

đŸ”č Support: $0.75 - $0.78 (Last line of defense)

đŸ”č Breakdown Level: Below $0.75 could trigger more selling pressure

Trade Setup đŸ”„

📉 Short Entry (Bearish Setup):

đŸ”č Entry: $0.78 - $0.80 (Pullback sell)

🎯 Target 1: $0.74

🎯 Target 2: $0.70

🎯 Target 3: $0.65

🛑 Stop Loss: $0.83

📈 Long Entry (Bounce Setup - If Price Holds Support):

đŸ”č Entry: Above $0.80

🎯 Target 1: $0.85

🎯 Target 2: $0.90

🛑 Stop Loss: $0.76

Market Outlook 🌍

$LAYER /USDT is in a strong downtrend, and if $0.75 support breaks, it could slide towards $0.65 or lower. Bulls need to reclaim $0.80+ for a potential reversal.

Risk Management đŸ›Ąïž

⚠ Stick to stop-loss to avoid heavy losses

⚠ Wait for confirmation before entering trades

⚠ Use proper risk-reward ratio to manage capital

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