$LINEA USDT Slides Below Key Support – Bearish Structure Remains
LINEAUSDT has triggered a SELL at 0.0030840, confirming a breakdown below an important support level. The move highlights increasing selling pressure and suggests that bears remain firmly in control of the short-term trend.
Technical Analysis
Price is trading below its short-term moving averages, keeping the overall structure bearish. RSI stays below the 50 level, indicating weak buyer momentum and limited upside strength. The MACD remains in negative territory, confirming that downside momentum is still active.
Key Levels to Watch
Immediate Support: 0.0029500 – short-term demand zone
Major Support: 0.0027000 – next downside target if selling accelerates
Resistance: 0.0032000 – breakdown level
Major Resistance: 0.0034500 – trend reversal zone
Market Sentiment
Market sentiment for LINEAUSDT is Bearish as long as price stays below resistance and fails to reclaim higher levels.
Strategy Outlook
Long entries at current levels remain risky without confirmation. A patient approach is preferred.
Recommendation: WAIT
Do you think LINEAUSDT can defend the 0.00295 support, or is a deeper move toward 0.00270 more likely?
Not Financial Advice (NFA). Always manage risk and do your own research.
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