📊 LINEA ($LINEA) Price Action - What the Chart Is Telling Us
Let’s break down what really happened with $LINEA over the past 24 hours 👇
🟥 Price Drop: -25.33% in just 1 day
💵 Current Price: $0.02391
📊 Volume (24h): $158.54B (+8.54%)
🔎 Chart Insights:
We saw a strong initial pump — classic of new tokens or listings.
Followed by a steep correction: multiple red candles indicate serious selling pressure.
Price then flattened out, showing sideways movement , this is market indecision, and possibly a base forming around the $0.023 range.
📈 What This Means:
This pattern suggests early profit-taking , likely from launch buyers or airdrop recipients exiting quickly.
However, now that the panic selling seems to have cooled, $LINEA might be entering a consolidation phase. This is where smart money watches closely for the next breakout or breakdown.
💡 Lesson for Traders:
Don’t chase pumps. Instead, learn to read structure, volume, and market sentiment. Candles don’t lie , the chart always speaks before the price moves.