🚨 $USELESS just kept grinding higher while everyone was waiting for the pullback. Now it’s sitting right at the 24H high. Breakout or rejection?
Long Trade Plan:
Entry: $0.2260–$0.2300
TP1: $0.2350
TP2: $0.2420
TP3: $0.2500
SL: $0.2190
Technical View:
$USELESS has been building a clear higher-high, higher-low structure on the 15M chart. The recent consolidation around $0.22 acted as a launch zone, and price is now pressing into the $0.2297 24H high. The interesting part is that buyers have continued defending pullbacks instead of allowing price to return to the previous range. If $0.2300 breaks and holds, the next psychological levels become the areas to watch.
A rejection from $0.2300 could send price back toward the $0.22 area, so I would watch the breakout confirmation rather than blindly chasing the current candle.
Long Trade Plan:
Entry: $0.2260–$0.2300
TP1: $0.2350
TP2: $0.2420
TP3: $0.2500
SL: $0.2190
Technical View:
$USELESS has been building a clear higher-high, higher-low structure on the 15M chart. The recent consolidation around $0.22 acted as a launch zone, and price is now pressing into the $0.2297 24H high. The interesting part is that buyers have continued defending pullbacks instead of allowing price to return to the previous range. If $0.2300 breaks and holds, the next psychological levels become the areas to watch.
A rejection from $0.2300 could send price back toward the $0.22 area, so I would watch the breakout confirmation rather than blindly chasing the current candle.
