$USELESS has reached the level where I would rather wait for confirmation than chase.
What stands out here is that volume is running about 2.7x its recent pace, the 1H move is -3.44%, and open interest is down 3.2%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.25987. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Is this resistance a breakout level for you, or a place to take risk off?
#USELESS #Trading
Trade plan: LONG
Entry: $0.26313
SL: $0.19127
TP1: $0.33498
TP2: $0.40683
TP3: $0.47868
What stands out here is that volume is running about 2.7x its recent pace, the 1H move is -3.44%, and open interest is down 3.2%. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.25987. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Is this resistance a breakout level for you, or a place to take risk off?
#USELESS #Trading
Trade plan: LONG
Entry: $0.26313
SL: $0.19127
TP1: $0.33498
TP2: $0.40683
TP3: $0.47868
