đśď¸ LINEA HEATS UP: Layer 2 Rebound or Just Smoke?
Linea (
$LINEA ) is clawing back from its brutal 93% post-airdrop crash, now trading around $0.0315 after bouncing off early September lows near $0.022 A. The bulls are defending the $0.030 base, and technicals are starting to flash green:
⢠đ Ascending channel intactâupper targets at $0.038â$0.042
⢠đ§ Supertrend flipped bullish at $0.029
⢠đŞ ADX > 24 confirms trend strength
⢠đ EMAs stacked in bullish order (20, 50, 100, 200)
With no VC or team allocation, Lineaâs tokenomics are pure community fire B. But with 72B total supply and only 10% circulating, volatility is still king.
Is this the start of a Layer 2 redemption arcâor just a dead cat bounce?
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#Layer2Wars #LineaRebound #CryptoHeat #EthereumScaling #CommunityPower $LINEA