My entry into Linea –

Today I decided to enter Linea just after the trading started.

I made my first purchase for 14 USDC at a price of 0.03350 USDC. Just a few seconds later, the price dropped to 0.02290 USDC. I saw a rebound and bought more for 7 USDC at 0.02700 USDC.

In total, I invested about 21 USDC, and my average entry price is 0.03101 USDC. Currently, the price is 0.02309 USDC, which means we are very close to the historical minimum (around 0.022 USDC).

Situation analysis

The previous declines have brought the price down to 0.022 USDC, which looks like a strong support zone.

Since that moment, the market has moved into a sideways movement (0.0229–0.0235 USDC). This may suggest that the sellers have exhausted themselves.

In the short term, a sideways movement with a slight rebound to 0.025–0.027 USDC is possible.

In the medium horizon (a few days), a bullish scenario to 0.030–0.033 USDC is more likely than further declines.

I do not anticipate further declines below 0.022 USDC – the current levels look like the minimum of this correction. Therefore, instead of panicking, I am considering another small purchase to average the entry price.

What we are observing now is a classic example of sideways movement after a sharp decline, which often serves as a foundation for the next wave of growth.

My strategy is patience and possible averaging of positions. There is no point in panicking – it is unlikely to get worse, and a rebound upwards is the most logical scenario.