📌 LINEA/USDT – 1H Technical Analysis
1. Trend Structure
$LINEA The chart currently shows a bullish short-term trend, with:
MA7 (0.00676) above MA25 (0.00678) – slightly bullish alignment.
Price trading above both MAs, showing buyers stepping back in.
MA99 (0.00654) is far below → strong medium-term support.
This indicates recovery momentum after a pullback.
2. Price Action Breakdown
A. Recent Low + Strong Bounce
Price corrected down to 0.00663 and immediately bounced.
The current green candle is strong and engulfing previous red candles → bullish reversal signal.
B. Previous Peak
Recent local high at 0.00693, which acts as immediate resistance.
C. Higher Lows Forming
From the bottom at 0.00616, price formed:
Higher low at 0.00646
New higher low at 0.00663
This is a classic bullish structure.
3. Volume Analysis
Noticeable surge in buying volume on the latest bounce.
Prior pullback volume was low → weak sellers, indicating correction rather than trend reversal.
This supports bullish continuation.
4. Key Levels
Support Levels
0.00663 (recent bounce level)
0.00646 (MA99 area)
0.00629 (major support)
Resistance Levels
0.00690 – 0.00693 (strong resistance)
If broken → 0.00710 – 0.00720 next target
🎯 5. Next Move Prediction
📈 Most Likely Scenario: Bullish Continuation
Based on trend, volume, and market structure:
➡️ Price is expected to retest 0.00690 – 0.00693
➡️ If a breakout happens, next target becomes:
⭐ 1st target: 0.00705 – 0.00710
⭐ 2nd target: 0.00720
📉 Less Likely Scenario: Bearish Pullback
Only if price rejects strongly at 0.00693:
➡️ Pullback to 0.00663
➡️ If that breaks → deeper drop to 0.00646
But current momentum favors buyers.
📌 Summary
✔ Short-term trend: Bullish
✔ Price above MAs, strong rebound
✔ Higher lows supporting uptrend
✔ Main resistance: 0.00693
Prediction:
🔹 High chance of retest & breakout attempt toward 0.00710
🔹 Only turns bearish if it falls back below 0.00663
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