LAYER -35.17% 24Hr Due to Market Correction and Technical Downtrend

On SEP 3 2025, LAYER dropped by 35.17% within 24 hours to reach $0.5126, LAYER dropped by 493.94% within 7 days, dropped by 196.08% within 1 month, and rose by 15500% within 1 year.

LAYER has experienced a sharp and sustained correction following a period of volatility, with traders and algorithmic systems reacting to deteriorating technical indicators. The coin’s 24-hour drop of 35.17% has intensified bearish momentum, drawing attention to its breakdown below key support levels that had previously held since early 2025. Analysts have noted that the price action reflects broader macroeconomic sentiment and internal project-level developments, though the exact drivers remain unconfirmed.

The move has sparked renewed interest in LAYER’s on-chain metrics, particularly the rate of short-term liquidations and the shrinking dominance of bullish open interest. The RSI has dipped into oversold territory, hovering near 12—a level that often precedes temporary rebounds but rarely signals a sustained reversal. In the absence of strong bullish catalysts, many traders are positioning for further downside risk, especially with LAYER now trading below its 50- and 200-day moving averages.