LINEA — $0.033 Key Break Could Unlock Big Upside

6 hari lalu

LINEA is starting to look interesting. Currently trading around $0.032 (~500M market cap), this level acts as resistance that needs to be broken for bullish continuation.

Earlier today, we already had a clean long setup from $0.03 support, in confluence with the weekly open ($0.02954) and anchored VWAP (yellow line), which held and gave a solid bounce.

Next Long Setup Idea

• Entry 1: Watch for a breakout above the key high at $0.03328, then retest for confirmation.
  
• Entry 2: Alternatively, a hold above $0.032 could offer a safer re-entry.
  
• Stop-Loss: Below $0.03 support for now.
  

Targets

• TP1: $0.036
  
• TP2: $0.04
  
• TP3: $0.043
  
• Final Target: $0.065 (aligns with 1B market cap resistance)
  

This setup could yield:

• +30% gain if exited around $0.043
  
• +100% potential if momentum drives price into the $0.065 zone
  

Quick Take

A breakout and retest of $0.03328 would open the path toward the $0.036–$0.043 zone. If momentum continues, the 1B market cap resistance at $0.065 becomes a realistic macro target.

🔍 Indicators used

• DriftLine — Pivot Open Zones [SiDec] → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points
  

➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades.

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5 hari lalu

Dagangan ditutup secara manual

Closed my position manually after seeing heavy selling