$LINEA /USDT – BEARS GAIN CONTROL, NEXT LEG LOWER IN PLAY
$LINEA has broken below key short-term supports and is trading under all major moving averages, signaling renewed bearish momentum. The failure to hold above the 0.02670–0.02600 area now shifts the bias to the downside, with sellers aiming for deeper retracements as volume spikes on declines.
Trade Setup
Entry Zone: 0.02580 – 0.02620 (short entries on weak bounces)
Take Profit 1: 0.02430
Take Profit 2: 0.02200
Stop Loss: 0.02700 (above near-term resistance)
Market Outlook
Momentum indicators are rolling over, and price is below MA(7), MA(25), and well under the MA(99) at 0.03382, confirming a strong bearish trend. A daily close under 0.02430 would accelerate the downside. Bulls must reclaim 0.02700 quickly to neutralize this pressure; otherwise, the path of least resistance remains lower.
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buy and trade here $LINEA