Technical analysis by iMoneyTeam about Symbol LAYER: Sell recommendation (5/5/2025)
https://sahmeto.com/message/3731235

iMoneyTeam
Rank: 14607
Analytical Power:
1.5
Be careful with LAYER (8H)
:Sell
Price at Publish Time:
$3.28

A key trendline on the LAYER chart has been lost. Due to this break in structure, the price may gradually move toward the identified targets. Additionally, there is a bearish CH (Change of Character) on the chart. The targets are clearly marked. A daily candle closing above the invalidation level will invalidate this analysis. Do not enter the position without capital management and stop setting Comment if you have any questions thank youIt dropped more than 42% after hitting the identified supply zone
Source Message: TradingView