LINEA's price action froze—literally flat at -0.006% while the broader market climbed 0.58%. That $0.0091 support level? About to face a real test.
RSI hovering at 38.6 suggests we're flirting with oversold territory, but here's the catch: a major exchange just unlocked 30M LINEA in ETH staking rewards. Could that liquidity flood trigger exits? Watch this support zone closely—it might not hold if selling accelerates.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
GasFeeSobber
· 7h ago
Is this it for linea? The market rises and it remains completely still. Once this support level is broken, I will directly Rug Pull.
View OriginalReply0
SatoshiSherpa
· 7h ago
linea is a bit fierce this time, it feels like 0.0091 won't hold with the 30M getting dumped.
View OriginalReply0
DeFiVeteran
· 7h ago
The 30M get dumped will definitely break this support level, and the small investors will have to Cut Loss again.
View OriginalReply0
RamenStacker
· 7h ago
30M get dumped, $0.0091 the probability of not holding up is a bit high.
View OriginalReply0
tx_or_didn't_happen
· 7h ago
Can 30M really handle being dumped at 0.0091? I doubt it.
View OriginalReply0
SchroedingerMiner
· 7h ago
30M get dumped definitely breaks the level, this support won't hold for long.
LINEA's price action froze—literally flat at -0.006% while the broader market climbed 0.58%. That $0.0091 support level? About to face a real test.
RSI hovering at 38.6 suggests we're flirting with oversold territory, but here's the catch: a major exchange just unlocked 30M LINEA in ETH staking rewards. Could that liquidity flood trigger exits? Watch this support zone closely—it might not hold if selling accelerates.