Iโm watching
$USELESS after one of its strongest recent moves.
The token is currently trading around $0.15, after reaching $0.15835. According to the latest 24-hour futures data,
#USELESSUSDT is still up more than 30%, with over $250M in USDT trading volume.
The interesting part is what USELESS actually is. It is a Solana meme coin launched on Pump.fun. Its own website openly describes it as having zero utility and no intrinsic value. In other words, the fundamental story here is not a product or company. It is attention, liquidity, and market momentum.
My technical view:
โข $0.15835 โ the recent high and immediate resistance
โข $0.150โ0.154 โ the first zone Iโm watching after the breakout
โข around $0.140 โ important short-term support
โข around $0.103โ0.105 โ major 4H support
The 15-minute chart shows consolidation after a sharp move higher. On 4H, the trend remains strongly bullish, but the distance from the major support levels shows how quickly momentum can reverse.
The daily chart shows the scale of the breakout even more clearly: USELESS moved from the $0.03โ0.06 area in August to more than $0.15 now. The move has been supported by a major expansion in volume, not just a few isolated candles.
My approach is simple: Iโm not chasing a 30%+ move. Iโm watching whether $0.150โ0.140 can hold and whether price can break $0.15835 with sustained volume.
With
$USELESS , there is no corporate earnings report to analyze and no utility to measure. The chart, liquidity, volume, and market attention are the fundamentals of the trade.
$USELESS #USELESSUSDT #Solana