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$LAYER USDT BEARISH SETUP – BIG DROP LOADING! 🚨🔥
The market is showing strong bearish momentum as $LAYERUSDT breaks below key support levels. The price is currently $0.8507 (-2.28%), indicating increased selling pressure. A retest of the broken support at $0.8603 is expected before further downside.
📊 Key Levels:
🔴 Resistance: $0.8804 - $0.8834 (Strong rejection area)
🟢 Support: $0.8033 (Next major demand zone)
📉 Trade Setup – SHORT ENTRY
🔹 Entry: $0.8603 (On pullback to resistance)
🔹 Take Profit (TP): $0.8033 (Major support zone)
🔹 Stop Loss (SL): $0.8834 (Above resistance)
📌 Market Outlook
The price is trending downward, and a rejection at $0.8603 will likely confirm the continuation of the bearish move. If sellers dominate, we can expect a sharp drop to $0.8033. Watch for bearish candlestick confirmations at resistance before entering.
⚠️ Risk Management
💡 Use proper position sizing & risk-reward ratio.
💡 Always set stop loss & avoid overleveraging!
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