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"will level off" is correct and usable in written English.
You can use it to indicate that something will reach a certain point and then stay the same. For example, You can expect your monthly energy bills to increase steadily over the next couple of months, but after that they will level off.
Exact(43)
Maybe the problems will level off.
Of course, oil, coal and gas use will level off eventually no matter what we do.
Independent analysts predict that after 2010, production will level off and then start falling steeply.
The total supply will level off at 21m coins or so around 2030.
Let's face it, it will level off, but if each department picks up 15 or 20 people, that's a lot.
"Common sense suggests that as headlines fade, passions will cool and donations will level off," the judge said.
Similar(17)
"It'll level off somewhere," Navratilova said.
"We keep thinking it'll level off, but then it doesn't," Mr. Hayes said.
Allocation rate will decrease as the number of loci increases and will eventually level off to a value corresponding to the proportion of uncollected parents, thus allowing to estimate this parameter from the data (see Duchesne et al. 2005 for details).
Will he level off as more solid than spectacular?
Sales will soon level off, says Avalon.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com