In just a week, $LAYER has dropped over 60% since its all-time high. That kind of correction isn’t unusual—even $BTC has done it. But the big question now is: Can LAYER recover, or is this the end? Here's what to watch next.

While LAYER has dropped sharply, it’s not dead yet. A recovery is still possible, though it may take time. The market is currently positive, but a cool-down seems near. If LAYER can bounce 30% before that, it’s a good sign—if not, more downside is likely.

For holders, the bad news is that unless a major positive catalyst occurs (which seems unlikely), LAYER's recovery will take time.

A key event to watch: on May 16, #layer will unlock 46 million tokens. While some expect a price pump, that’s rarely how unlocks work. A short move is possible, but a drop is more likely than a return to ATH.

From a technical standpoint, LAYER is now approaching a crucial weekly support zone between $1.1600 – $1.2000. It has already touched $1.23, suggesting early signs of support. If the $1.1600 – $1.2000 zone holds, we may see stabilization. However, if this support fails, the next levels to watch are $0.935, then $0.7800 — and beyond that, you already know the risk.

If the decline slows down and LAYER takes time to reach the support zone, be patient. Accumulating now? Don’t go all-in. Dollar-cost averaging ( #DCA ) is the smarter strategy — it protects you from sudden drops and helps you average your entry price. Anyone considering a long position should wait for the weekly candle to close before entering. Only experienced traders should consider short-term plays.

Despite the correction, LAYER is still a strong project — it has delivered over 2000% gains since launch. It’s natural for such a token to experience volatility. If things go smoothly, a bounce is likely, but timing is key.