🚀 $LINEA is showing a potential technical setup!

The weekly chart displays a strong recovery bounce forming off the 0 level support zone following a prolonged corrective phase.

📈 The Technical Setup:
• The Pattern: Range accumulation and bounce from Fibonacci level 0
• Short-term Target: 0.003110
• Macro Objective: 0.003759
• Market Structure: reversal

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.002060 - 0.002213
• Resistance: 0.003110
• Breakout Level: 0.002944
• Stop Loss / Invalidation: 0.002060

📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Bullish recovery candles forming off the base
• Trend: Attempting a macro trend reversal following a prolonged downtrend

⚠️ Invalidation:
A weekly candle close below the 0 level at 0.002060 invalidates the current recovery setup.

Price is attempting a recovery bounce after finding a floor near the macro range lows.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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