$USELESS DOWN 67% FROM OUR EXIT LEVEL! WAS MY WARNING RIGHT?
Remember my September 10 warning?
When #USELESS was trading above $0.30, I warned against chasing the ATH and highlighted the risk of a major correction.
Here is the update:
🔻 Exit / Warning Level: $0.30-$0.35
🔻 Recent ATH: $0.36
🔻 Current Drawdown: ~67% from exit level
▶️ Accumulation Zone: $0.086–$0.056
If you caught the short from $0.30, that's approximately 335% profit at 5X leverage, before fees and funding.
What's next?
I'm still bearish on $USELESS . A 90% correction from its recent high is possible in my view.
But reaching my accumulation zone doesn't mean I'll automatically buy. I'll wait for confirmation and price action before making any decision.
I warned you above $0.30 because chasing a 10X pump near ATH is extremely risky.
Protecting capital matters more than chasing pumps.
Trade with discipline. NFA.
Remember my September 10 warning?
When #USELESS was trading above $0.30, I warned against chasing the ATH and highlighted the risk of a major correction.
Here is the update:
🔻 Exit / Warning Level: $0.30-$0.35
🔻 Recent ATH: $0.36
🔻 Current Drawdown: ~67% from exit level
▶️ Accumulation Zone: $0.086–$0.056
If you caught the short from $0.30, that's approximately 335% profit at 5X leverage, before fees and funding.
What's next?
I'm still bearish on $USELESS . A 90% correction from its recent high is possible in my view.
But reaching my accumulation zone doesn't mean I'll automatically buy. I'll wait for confirmation and price action before making any decision.
I warned you above $0.30 because chasing a 10X pump near ATH is extremely risky.
Protecting capital matters more than chasing pumps.
Trade with discipline. NFA.
