➿ LINA is testing key levelThe price broke above key level (0.68x) and is now pulling back to test it as support. There's high selling pressure visible on lower timeframes, so we can expect some more consolidation around this area. If buyers fail to hold this level we can expect the price to find next support at 0.63800 (local support) or 0.53078 (macro support)
Entry: buy now (current price) down to 0.63800
Targets:
0.087375
0.113298
0.135793
0.172278
0.233665
0.350325(~420%)
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About LINA:
Linear is a decentralized delta-one asset protocol capable of instantly creating synthetic assets with unlimited liquidity. The project opens traditional assets like commodities, forex, market indices and other thematic sectors to cryptocurrency users by supporting the creation of “Liquids” — Linear’s synthetic asset tokens.
The protocol consists of various products like Linear.Buildr, a DApp used to manage Liquids using Linear (LINA) and other tokens as collateral. The exchange is specifically created to enable trading of a variety of Liquids with rapid confirmation times and robust security.
The main goal of Linear is to provide a superior user experience with better scalability and greater speed thanks to the cross-chain capabilities of the protocol. Linear Finance intends to provide a simple solution for users that want exposure to traditional assets while still benefiting from the features enabled only by blockchain technology.
Source: coinmarketcap
