$LINA Linear (LINA) Update - December 14, 2024
📊 Price: $0.0069 (-0.5% over the past 24h)
🚀 Key Levels: Support at $0.0068 | Resistance at $0.0072
📈 Outlook: LINA is currently trading below its 50-day and 200-day moving averages, indicating a bearish trend. However, the recent price decline may present a buying opportunity for long-term investors. Keep an eye on the $0.0068 support level. A break below this level could lead to further downside.
Linear Finance recently launched very successfully its perpetual decentralized exchange, adding another dApp to its already impressive ecosystem. But wait there is more, as per their roadmap, more to come in Q1 and Q2 2025. The latest PerpDEX release and the further development will increase demand for LINA and drive the price higher in the long term.