LINEA -142.5% in 24 Hours Amid Sharp Technical Deterioration

On SEP 13 2025, LINEA experienced a dramatic price collapse, dropping by 142.5% within 24 hours to reach $0.9309. Over the past week, the asset has declined by 239.34%, while the one-month and one-year price changes remain identical at -239.34%. The sharp and sustained bearish trend has drawn attention from market analysts and traders, as the technical profile of LINEA deteriorated significantly in a short time frame.

The sudden and steep price decline has raised questions about the underlying drivers of the move. While the news landscape lacks immediate clarity on specific triggers, the price action appears to reflect a broader shift in market sentiment, likely influenced by a combination of risk-off positioning and deteriorating on-chain metrics. The asset's price trajectory suggests a strong bearish bias, with no immediate signs of a reversal or stabilizing pattern.

Technically, LINEA has broken below key support levels, with the 20-day and 50-day simple moving averages both showing a clear downward drift. The Relative Strength Index (RSI) has entered oversold territory, but this has not yet generated a meaningful bounce, suggesting the selling pressure remains intense. The Moving Average Convergence Divergence (MACD) indicator shows a deepening bearish crossover, further reinforcing the negative momentum. These signals collectively point to continued downward pressure and a high probability of further losses in the near term.