🚀 $LINEA – Trade Watch

🔹 What is Linea?

A zkEVM Layer-2 scaling solution for Ethereum, built by ConsenSys. Supports EVM equivalence with low fees and strong ecosystem backing.

🔹 Current Setup

Price corrected ~40% from early highs.

Accumulation seen from larger holders.

Support: $0.025 – $0.028

Resistance: $0.031 – $0.033

🔹 Why It Looks Interesting

Dual-burn mechanism adds deflationary pressure.

Ecosystem incentives & ETH gas usage make it attractive for developers.

If support holds, a bounce toward resistance is likely.

⚠️ Risks: Network recently faced a 46-min sequencer outage; strong competition from other L2s.

📌 Trade Idea (Swing)

Entry: Near $0.026–$0.028

Target 1: $0.031

Target 2: $0.033+

Stop Loss: Below $0.024

$LINEA