$LINEA is trading at $0.01134, down 6.2%, showing a slow but steady grind near the lower end of its daily range. The price briefly touched $0.0124 earlier but failed to hold momentum, retracing toward the $0.0112–$0.0113 zone an area that’s now acting as temporary support.
All moving averages MA5 (0.01134), MA10 (0.01135), and MA30 (0.01135) are almost overlapping, which reflects indecision and a tight range. This kind of compression often leads to a breakout once volume kicks in, so it’s worth watching for expansion in either direction.
Bulls have managed to defend $0.0112 several times now, but the lack of strong green candles shows hesitation. If $LINEA breaks below $0.0112, we could see a retest toward $0.0108–$0.0110. On the upside, a clean break above $0.0115–$0.0116 could trigger a small relief rally.
Overall, the chart looks neutral-bearish in the short term but given how flat the MAs are, a small push in either direction can flip sentiment quickly. Personally, I’d stay patient here; this kind of setup usually rewards traders who wait for confirmation rather than chase noise. #LINEA
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$LINEA is trading at $0.01134, down 6.2%, showing a slow but steady grind near the lower end of its daily range. The price briefly touched $0.0124 earlier but failed to hold momentum, retracing toward the $0.0112–$0.0113 zone an area that’s now acting as temporary support.
All moving averages MA5 (0.01134), MA10 (0.01135), and MA30 (0.01135) are almost overlapping, which reflects indecision and a tight range. This kind of compression often leads to a breakout once volume kicks in, so it’s worth watching for expansion in either direction.
Bulls have managed to defend $0.0112 several times now, but the lack of strong green candles shows hesitation. If $LINEA breaks below $0.0112, we could see a retest toward $0.0108–$0.0110. On the upside, a clean break above $0.0115–$0.0116 could trigger a small relief rally.
Overall, the chart looks neutral-bearish in the short term but given how flat the MAs are, a small push in either direction can flip sentiment quickly. Personally, I’d stay patient here; this kind of setup usually rewards traders who wait for confirmation rather than chase noise. #LINEA