As can be seen in the chart, the LINEA price continues to move within an ascending channel.
Currently, critical support levels are at $0.026 and the stronger main support is at $0.022. These areas are points that investors should closely monitor.
In upward movements, the most important resistance area is at the level of 0.030$. If this resistance is broken, it is likely that the price will expand the channel upwards and attempt new peaks.
Although there are sometimes short-term corrections in price movements, the formations and volume indicators within the channel suggest that the upward trend can be maintained. Especially as long as the support at $0.026 is sustained, upward movements are expected to continue.
As a result,
#LINEA may experience consolidation in the range of 0.026$ – 0.030$ in the short term. Closings above 0.030$ strengthen the likelihood of initiating a new upward wave; while price actions below 0.026$ should be monitored carefully.
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$LINEA – USDT Analysis
As can be seen in the chart, the LINEA price continues to move within an ascending channel.
Currently, critical support levels are at $0.026 and the stronger main support is at $0.022. These areas are points that investors should closely monitor.
In upward movements, the most important resistance area is at the level of 0.030$. If this resistance is broken, it is likely that the price will expand the channel upwards and attempt new peaks.
Although there are sometimes short-term corrections in price movements, the formations and volume indicators within the channel suggest that the upward trend can be maintained. Especially as long as the support at $0.026 is sustained, upward movements are expected to continue.
As a result,
#LINEA may experience consolidation in the range of 0.026$ – 0.030$ in the short term. Closings above 0.030$ strengthen the likelihood of initiating a new upward wave; while price actions below 0.026$ should be monitored carefully.
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