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$LAYER | 1h | Breakdown Short
Bias: Short
Entry Zone: 0.1380 to 0.1415
Stop Loss: 0.1465
Targets:
TP1: 0.1300
TP2: 0.1240
TP3: 0.1180
Invalidation:
Close above 0.1465
Why This Setup:
I’m shorting into a sharp pump that ran straight into resistance and is now showing rejection near the highs. I want a failed continuation and a pullback back into the prior breakout area, with momentum cooling after the explosive move.
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