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Exclusive Market Insight: Linea forms a bearish divergence signal on the 4-hour chart, with intraday resistance at $0.011 and support at $0.0099.

Exclusive Market Insight: Linea forms a bearish divergence signal on the 4-hour chart, with intraday resistance at $0.011 and support at $0.0099.

2025-11-24 18:27

ChainThink News, November 24: AI-powered technical analysis shows the Linea token rebounded from $0.0098 to $0.0109 within the day, marking a rebound exceeding 10%. Currently, RSI (6) bearish divergence signals have formed on both the 4-hour and 2-hour timeframes. The price action at $0.0098 exhibited a threefold or greater bearish volume spike, indicating substantial short-term selling pressure above this level; however, the daily trend remains relatively strong.


Attention should now focus on the validity of the daily-level tower bottom neckline resistance at $0.011. If resistance fails to hold or break through decisively, a potential downward test of the support zone between $0.0095 and $0.0098 may occur. Conversely, if the divergence breaks down and is accompanied by volume-driven breakout behavior, the token could target the $0.0119 resistance level. (AI analysis, not representative of ChainThink's views)

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Disclaimer: Contains third-party opinions, does not constitute financial advice

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