$USELESS is a pretty self-deprecating name, but the chart is making no such apologies.
It shot up 1.47% in 15m, with volume hitting 3.72 times normal and a Z-score of 3.76โthis isnโt a small bounce in a slow bleed; itโs a volume-backed push higher. Price has broken above the highs of nearly 20 recent 5m candles and reached the edge of the recent range.
The more interesting part is OI. Itโs up 0.05% over 15m and 0.11% over 1h, with more than 700K U in combined notional change. Its anomaly percentile is 97.8%, ranking
#5 across the pool. Price is rising as OI climbs in tandemโthat points to fresh leveraged longs entering, not the false heat of shorts covering. The taker volume delta is +1.1%, and the buy/sell ratio is 1.02: bullish, but not exactly a buying frenzy. The pace is still fairly measured.
24h trading volume is 20.44M, and its notional change ranks
#27 in the pool. The move has confirmed depth; this isnโt a chart drawn by a handful of trades.
Follow-through across multiple timeframes + depth confirmation: this doesnโt look much like a one-off spike. Of course, USELESS is a wild asset to begin with, and a 97.8% anomaly percentile means itโs already in extreme territoryโeither it keeps charging, or it turns around and slaps you.
Mark your levels, and donโt get carried away.