LINEA/USDT brief analysis:
Price and trend:
Current price 0.02700 USDT, down 7.28%. The price has broken down through EMA(7), EMA(25), and EMA(99), indicating bearish momentum.
Moving averages:
EMA(7): 0.02701 — short-term resistance.
EMA(25): 0.02782 — medium-term resistance.
EMA(99): 0.02915 — long-term resistance.
🚨Indicators:
MACD: bearish momentum, possible slowing of the decline.
Stochastic RSI: in the oversold zone, short-term rebound possible.
RSI: neutral, asset not in extreme zone.
📌Conclusion and targets:
📉Bearish trend, but oversold conditions give a chance for a rebound. Reversal signal — break above EMA(7) with increasing volume.
📈Potential rebound targets:
🎯TP1: 0.02750 (+1.85%)
🎯TP2: 0.02820 (+4.44%)
🎯TP3: 0.02910 (+7.78%)