$LINEA experienced a sharp long liquidation near $0.00328, indicating a strong downside sweep that cleared late bullish positioning and compressed price into a key micro-support zone. The $0.00315–$0.00325 region now acts as an important demand base where buyers may attempt stabilization. Holding above this area keeps recovery scenarios alive with immediate resistance near $0.00350, followed by a higher target around $0.00390 where previous liquidity clusters formed. Liquidation-driven drops often mark short-term exhaustion points when downside momentum slows. However, a clean break below $0.00315 could extend the move toward $0.00290 before meaningful recovery. Structure leans toward stabilization after the flush. $LINEA

LINEA
LINEAUSDT
0.00303
-5.78%