**$USELESS Short Setup 📉**
USELESS/USDT
Entry Zone: 0.07580 - 0.07800
SL: 0.08300
Take Profit Targets: 🎯
∙ TP1: 0.07000
∙ TP2: 0.06500
∙ TP3: 0.06000
Bearish Outlook: 🐻
The token experienced a massive vertical upward move, which typically exhausts short-term buying pressure. Price is now struggling to hold above the recent high of 0.07879, with the current 4-hour candle showing hesitation. Volume spiked during the pump but is declining, suggesting weakening momentum.
Price trades above MA7, MA25, and MA99, all still pointing up. However, parabolic moves often require a healthy correction before further ascent. The 24-hour high at 0.07879 acts as resistance.
If the 0.075 support level is lost, we anticipate acceleration towards the next demand zone around 0.065-0.070, where the MA7 is currently positioned. Risk/reward appears favorable for a short-term pullback, assuming careful position sizing amidst recent volatility.

