The upward momentum failed to sustain, and buyers seem uncomfortable maintaining gains after the rebound. Selling pressure continues to increase, and the reaction to selling pressure is becoming smoother. Liquidity feels heavy, with supply pushing momentum, which usually favors further decline as long as sellers remain active. The extremely overbought condition indicates a deep correction may be imminent.
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$LINEA 's sharp rise is cooling off, and overbought signals are flashing.
Short $LINEA immediately
Entry: 0.00405 – 0.00412
Stop Loss: 0.004280
Target 1: 0.00350
Target 2: 0.00340
Target 3: 0.00306
The upward momentum failed to sustain, and buyers seem uncomfortable maintaining gains after the rebound. Selling pressure continues to increase, and the reaction to selling pressure is becoming smoother. Liquidity feels heavy, with supply pushing momentum, which usually favors further decline as long as sellers remain active. The extremely overbought condition indicates a deep correction may be imminent.
Trade $LINEA here 👇