$LINEA Analysis — Consolidation Before Next Leg Up 📈
LINEA is showing signs of accumulation after its initial move, with price compressing in a tight range near recent highs. This behavior typically precedes the second phase of a sustained rally, as buyers regroup and momentum builds for another push higher.
Trade Setup:
· Entry: 0.0042 – 0.0044 (zone of interest)
· Target 1: 0.0046
· Target 2: 0.0049
· Target 3: 0.0053
· Stop Loss: 0.0040
Key Observation:
The structure shows higher lows forming on lower timeframes, suggesting dip buyers are actively absorbing supply. Volume has cooled during this pause, which often signals energy accumulation rather than exhaustion. A clean reclaim above the immediate resistance could trigger the anticipated expansion.
Outlook:
As long as price holds above the 0.0040 support zone, the bullish bias remains intact. Patience here is key—allowing price to confirm the move before committing size.
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