LINEA's technical aspects are in trouble, and the short-term rebound hopes are slim.



[Current Situation Analysis]

The current LINEA price is 0.00660 USDT, which has retracted over 85% from its historical high. From the K-line chart, the trend shows extremely weak volatility, with the overall center of gravity continuing to decline. The MACD indicator has been running close to the zero axis for a long time without any obvious reversal signals. This performance reflects a serious decline in market participation, with buyer strength basically fading and sellers completely controlling the price rhythm.

From a technical perspective, the cryptocurrency is currently in a deep adjustment phase, with liquidity clearly exhausted. Buying pressure has almost disappeared, and the price trend is entirely dominated by selling pressure, overall in a bottom-seeking phase.

[Support and Resistance]

*Resistance Level Distribution*

First resistance: 0.01000USDT. This is a psychological round number and also the most important short-term selling pressure zone. The price has repeatedly faced obstacles here, and after breaking below, it has not effectively re-tested, now becoming the primary difficulty for the upward movement.

Second resistance: 0.01500-0.02000 USDT range. This is a consolidation platform during the decline process. Without significant positive events driving it, it will be difficult to break through this area in the short term.

*Support Level Distribution*

Key support: 0.00500 USDT. This is the lowest point of the previous long lower shadow, representing the last line of defense for bulls in extreme panic.

Downside risk: If it falls below 0.00500, the technical chart will enter an unreferenced unknown area, with the possibility of accelerating downward to very low levels.

[Volume Signal Interpretation]

The performance of trading volume is the most concerning: it has been in a state of extreme shrinkage for a long time, and during most periods, it is almost unable to show. Only a small amount of transactions occur during a few needle moments.

What does this indicate? The market has basically given up on this asset. Not only have retail subscriptions disappeared, but even market makers may have withdrawn. In such a sluggish liquidity environment, there is a risk for investors of having "priced but no market" and being unable to sell in a timely manner.

[Trading Recommendations]

*For position holders*

If you still have chips in hand, it is advisable to seriously consider stopping losses and exiting the market. Such trends usually have a very long rebound cycle, and continuing to hold positions will only waste time costs. Even switching to mainstream coins is more cost-effective than exhausting energy here.

*For those with empty positions*

Do not participate for the time being. Do not be blindly attracted by low prices to build positions—it's like trying to catch a "falling knife" that is already rusty. Unless you see a clear volume spike with a long bullish candle near 0.00500, indicating institutional funds are entering to buy, otherwise, just observing is a waste of energy.

[Risk Warning]

This cryptocurrency is currently in a high-risk zone. Investors must fully recognize the risks posed by liquidity exhaustion and be wary of the trapping pitfalls brought by "zombie coins."
LINEA-0.87%
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AirdropJunkievip
· 6h ago
Damn, this LINEA coin is already dead, better not touch it.
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AirdropHunter007vip
· 12-22 15:56
It's another one of those coins that you can't live with or without; the depletion of liquidity is truly the most desperate situation. Linea might really have to wait for institutions to sweep in; otherwise, holding on is just self-punishment. An 85% drawdown... Oh my, this buying point really feels like catching a falling knife. The scariest thing is having a price but no market; even if you want to sell, you can't, and that's the biggest trap. If the line at 0.005 breaks, it might really have no bottom left; it's too dangerous. Those in a Short Position don't see a bright short-term outlook unless they see a surge in Trading Volume; otherwise, it's all traps. With market makers all gone, what does that indicate... the crypto world has everything it should have.
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pvt_key_collectorvip
· 12-22 15:54
85% retracement.. Can this still be played? There's no liquidity left, and the consequence of catching a falling knife is being played people for suckers.
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ReverseTradingGuruvip
· 12-22 15:51
0.0066? Is this the so-called "knife"? I don't even dare to touch it. Is LINEA going to meet God? The trading volume is gone, who dares to buy the dip... Let's stop loss everyone, don't tell me about rebounds, this is just a pit. No liquidity means no one wants it, low prices are also traps. Wait, isn't this just the false death before every bull run... Forget it, I'll just stay in short position and watch.
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NervousFingersvip
· 12-22 15:48
linea is really becoming a scamcoin, a 85% drawdown is indeed ridiculous It should have been closed all positions long ago, don't wait anymore brothers Liquidity is dead, catching a falling knife is just catching a knife, nothing more to say
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