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$LINEA /USDT Explodes +31% – Momentum Just Started?
$LINEA is currently trading around $0.00411, up +31.73% in 24 hours, and the structure looks aggressive.
This isn’t a random spike, it’s a clean breakout from compression.
📊 What Just Happened?
• 24H Low: $0.00301
• 24H High: $0.00445
• Massive volume: 5.84B LINEA traded
• Strong 4H breakout candle with vertical expansion
Price was ranging near the $0.0030–$0.0032 zone for multiple candles. Then buyers stepped in with conviction.
That last impulse candle?
High volume + wide spread = institutional participation or coordinated momentum push.
🧠 Structure Analysis
After printing a local bottom around $0.00288,
$LINEA formed a base.
Now we’re seeing: ✅ Higher lows
✅ Break of short-term resistance
✅ Volume expansion confirming the move
This is how trend shifts begin.
🔎 Key Levels To Watch
• Immediate support: $0.00380 – $0.00390
• Break & hold above $0.00445 → continuation likely
• If rejection occurs, expect retest of breakout zone
Momentum traders are active here. But remember. after +30% moves, pullbacks are normal.
The real question:
Is LINEA building a sustained Layer-2 narrative… or is this just a short-term liquidity spike?
I’m watching volume closely.
Are you accumulating or waiting for confirmation?
#LINEA #Layer2 #CryptoBreakout #AltcoinSeason #BinanceSquare