$LINEA /USDT – SHORT TRADE SETUP AFTER STRONG REJECTION
$LINEA surged to a new high at 0.03275 but quickly faced heavy rejection, forming a long upper wick and closing lower, signaling weakening momentum. The sharp red candle with rising sell volume shows that buyers are losing control and profit-taking is in play. If price fails to reclaim 0.03180, further downside pressure could test the support zone around 0.02935 – 0.02812.
Short Entry: 0.03060 – 0.03120
Targets (TP): 0.02935 / 0.02812
Stop Loss (SL): 0.03220
The rejection at the top suggests bears may dominate the next move, favoring short opportunities as long as price stays below resistance.
