Linear (Lina) down 7% worth buying?

Linear Token (LINA / USD) traded over 7% lower on Wednesday, losing all gains from Tuesday's 6% surge. Linear Exchange enables trading of a wide variety of liquid assets (liquids) based on spot cryptocurrencies, commodities and thematic indices with near instant confirmation time and finality. Basically, this is a decentralized application for the use and construction of LUSD that accepts a mixture of LINA tokens and other important cryptocurrencies. Many other coins also traded lower on Wednesday as a market sell-off was seen.

Investors are now looking for opportunities to buy Lina in the hope that last week's rally will continue. After falling over 50% from November highs, Lina has shown signs of a sharp reversal after rallying over 30% last week. However, Lina is trading 3% lower this week, which investors believe could only be a small pullback before Lina continues the rally. It is important that investors get into Lina not just for fear of missing out on profits. So should you buy Lina before it continues its rally?

After falling over 50% from its November highs, Lina has shown signs of a turnaround. Additionally, huge purchase volumes can also be seen, suggesting buyers are back.
A bullish gold crossover was observed in early November, suggesting a rally is soon to be seen.
Lina had a strong supply zone at $ 0.44 but it was breached earlier this week. It looks like it will test the support zone again.
Investors should wait for Lina to successfully test the support zone again before making a long entry.
Investors can set a target of $ 0.57 followed by $ 0.7.

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