$LINEA
Market Sentiment
Bearish bias in short term.
High volume on downside → distribution phase.
No strong bullish divergence on RSI (not shown), but price near oversold.
Possible capitulation wick to $0.0134–$0.0135 before bounce.#Linea
6. Trade Ideas
Bearish (Short) Setup
Entry: Retest of $0.0140–$0.0143 (broken support → resistance)
Stop Loss: Above $0.0146
Target 1: $0.0136
Target 2: $0.0134
Risk/Reward: ~1:2
Bullish (Long) Setup – Reversal Play
Wait for:
Close above $0.0140
Bullish candle + volume spike
Or capitulation wick to $0.0134 with reversal
Entry: $0.0135–$0.0136 on confirmed bounce
Stop Loss: Below $0.0133
Target: $0.0143 → $0.0150
Risk/Reward: ~1:3
7. Summary
Factor
Signal
Trend
Bearish
Volume
High on sell-off → conviction
Support
Holding $0.0136 (barely)
Reversal Odds
Low unless oversold bounce
Risk
High volatility
Caution: LINEA is a low-cap / high-volatility token. Moves are sharp. Use tight stops.
Final Verdict:
Short-term bearish. Watch for capitulation at $0.0134–$0.0135 as potential long entry only if reversal confirmed. Otherwise, short on rally to $0.0143.@Linea.eth