$LINA Long Liquidation Alert: $5.5K at $0.00495
A significant $LINA long liquidation just hit the market, with $5.5K wiped out at the $0.00495 level.
The price action is now set for a potential sharp correction or reversal—key moments ahead.
Entry Point:
Consider entering around the $0.00495 level as the market adjusts post-liquidation.
Watch for quick price action and volume spikes to confirm momentum for a potential move higher.
Target:
Target a move to the $0.00520–$0.00540 range. If $LINA continues to gain traction, higher resistance levels could be tested, so stay ready to adapt your target accordingly.
Stop Loss:
Place your stop loss at $0.00470 to limit risk. A drop below this could signal a deeper pullback, requiring you to reassess the position.
LINA is in a critical zone—stay sharp and react quickly as the market adjusts to the liquidation event.