Market Overview for Solayer/BNB (LAYERBNB) on 2025-09-25

• Solayer/BNB (LAYERBNB) traded in a tight range before a sharp decline late in the session.
• Price dropped from 0.0004475 to 0.0004302, with volume surging during the selloff.
• RSI hit oversold territory, and Bollinger Bands show a sharp contraction in volatility.
• Large bearish candle on 12:30–12:45 ET suggests possible short-term support testing.
• Turnover spiked at 12:30 ET with a large sell-side volume block of 31,492.49.

Opening and Closing Action

Solayer/BNB (LAYERBNB) opened at 0.0004475 on 2025-09-24 at 16:00 ET and closed at 0.0004347 on 2025-09-25 at 12:00 ET. The 24-hour range was 0.0004475 to 0.0004302, with a bearish bias dominating the latter half. Total volume for the period was 101,261.26, and notional turnover amounted to 44.0985. Price action showed a sharp correction late in the cycle, with a bearish momentum intensifying after 20:00 ET.

Structure & Key Levels

The 15-minute chart reveals a bearish breakdown pattern, with a key support level emerging around 0.0004345–0.0004355. A large bearish candle at 12:30 ET (LAYERBNB closing at 0.0004302) signals a possible short-term bottom. Resistance remains at 0.0004454–0.0004462, where the pair previously stalled. A bullish engulfing pattern was observed between 09:00–09:15 ET, but it failed to hold, indicating bearish control.

Momentum and Volatility Indicators

MACD turned negative after 18:00 ET, with a bearish divergence forming in the last five 15-minute candles. RSI hit 30 in the 12:30–12:45 ET window, entering oversold territory. Bollinger Bands showed a significant contraction as the price approached the lower band at 0.0004302, suggesting a potential rebound or a continuation of the downtrend. Volatility appears to be stabilizing at the lower end of the range, but a break below 0.0004345 could trigger further selling.

Backtest Hypothesis

The backtest strategy proposed a long bias on a bullish breakout of the 0.0004462 resistance, confirmed by a 15-minute close above this level and a 50-period EMA crossover. While the current trend favors short-term bearish continuation, a retest of the 0.0004454–0.0004462 range may offer a setup for this strategy in the near term. Investors should monitor volume and RSI for divergence before initiating a long position.