😬 $LINEA ’s in Freefall… But Could This Be the Bottom Before the Bounce? 👀

@CryptoHatch

Something wild’s happening with #LINEA right now and holders are feeling the pain.

📉 The Bleeding Never Ends?

Price just crashed to $0.01512, down over 3% in 24 hours. That’s a nosedive from $0.018 highs earlier this week. Every key EMA’s above it 7-day, 25-day, 99-day all pointing one way: down. Volume’s thinning out too, barely 2.8M, and RSI’s sitting at 29. Yep, officially oversold. But don’t celebrate yet the chart still looks like a murder scene.

⚙️ The Glitch That Shook Confidence

LINEA’s sequencer performance issue is under investigation a déjà vu moment from that September outage that freaked out traders back then. This time, the fix might come faster, but the trust damage? Not so quick to heal. Add in airdrop dumps and token unlocks flooding the market… it’s a perfect storm.

🔥 Could the Burn Save It?

There’s a silver lining 80% of sequencer fees will soon be burned. That’s 30–40 million tokens nuked every month. The ecosystem’s not dead either: SWIFT pilots, Chainlink hooks, Renzo restaking, MetaMask perks it’s building, quietly. If RSI flips and support at $0.014 holds, we could see a sharp rebound toward $0.025. That’s a 43% swing if buyers get brave.

🐻 Or Just More Pain Incoming?

Whales are unloading like they’ve seen the future. Billions sold, shorts stacking up, and funding rates turning negative. The airdrop’s 9B+ supply still hanging overhead like a dark cloud. Community sentiment? Absolute despair people calling it a “slow rug.”

😂 Feels like LINEA’s living proof that “L2” might just stand for “Lose Twice.”

So what do you think... is LINEA ready for a savage rebound or headed straight into the abyss?

#MarketRebound #CPIWatch #APRBinanceTGE #CryptoHatch