$LINA LINA Update – December 6, 2024
📊 Price: $0.00795 (+4.2% in the past 24h)
🚀 Key Levels: Support at $0.00760 | Resistance at $0.00820
📈 Outlook: Extremely bullish! LINA has broken out of its upward trend channel, signaling strong momentum for further gains.
LINA continues to dominate the charts with a 37% rise this week and a 115% surge over the past month. The breakout above its trendline adds confidence to its upward trajectory, potentially targeting higher levels. This comes amid rising interest in its synthetic asset protocol and upcoming release on December 9th of its perpetual decentralized exchange as well as other developments planned for Q1 2025, making LINA a focal point for DeFi enthusiasts.
Keep an eye on volume spikes and updates from the Linear team as these will likely influence near-term price action.