#linea $LINEA @Linea.eth
Binance Square 【Creator Task Platform】
The latest activity is here again!
Unlock 🔓 3,600,500 $LINEA rewards
#linea 11 will unlock on November 10th 2.88B LINEA (approximately $41.8M value, accounting for 16% of the circulating supply), which is the biggest short-term risk factor. The Ignition project ends on October 26th, distributing approximately 1B LINEA rewards, with 40% immediately unlocked and 60% released linearly over 45-60 days.
3⃣ Protocol Activity
Aave: TVL $731M, deposits increased by 3% due to reward incentives
Etherex: TVL $100M, Ignition pool drove 80% of the trading volume
Renzo: TVL $319M, ETH staking yield is approximately 4.5%
4⃣ Key Price Levels
Technical Analysis: Key support level $0.0140-0.0138,
Resistance level $0.0145-0.0152.
RSI shows oversold conditions (31.7)
but MACD remains in a bearish trend,
ADX shows strong downward momentum.
5️⃣ Short-term Contract Opening Strategy
Trend short (high probability)
Entry point $0.0145, resistance level refuses to break
Target price $0.0135, area of intensive long liquidation
Stop-loss point $0.0150, confirm invalid breakout
Risk-reward ratio 2.00:1, excellent risk-return ratio
Holding period 4-24 hours, trend following
Leverage suggestion 2-5 times, can appropriately increase leverage after confirming the trend
Unlock 3,600,500 LINEA rewards
@Linea.ethcointag $linea and contain the hashtag #Linea $LINEA
