$LINEA Long Liquidation Update!
A $1.76K long position in LINEA was liquidated at $0.01515, reflecting a wave of selling pressure as bulls struggled to maintain upward momentum.
Market Overview:
LINEA slipped below key intraday support, signaling possible short-term weakness. The immediate support is found near $0.0146, while $0.0158 stands as the next resistance zone that needs to be reclaimed for a bullish revival.
Market Outlook:
The recent flush may pave the way for a consolidation phase before the next decisive move. Holding above $0.0146 could invite a recovery toward $0.0158–$0.0160, but failure to defend this level risks a dip toward $0.0140.
Trade Setup:
Buy Zone: $0.0146 – $0.0148
Sell/Target: $0.0158 – $0.0160
Stop-Loss: Below $0.0143
Next Move: Watch for stabilization near support — if buying volume steps in, LINEA could rebound quickly. But continued weakness may signal another leg down before a stronger base forms.
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