$USELESS this pullback-and-rebound: on the surface it looks like a retail FOMO surge has ignited the move, but the on-chain signals are far more complex than that one big bullish candle on the chart. I tracked whale wallet movements within the last 24 hours and found a counterintuitive phenomenon: when the price dropped from $0.13 to the $0.11 range, three addresses holding over 5 million coins didn’t reduce their positions at all—they actually added about 2.1% to the circulating supply against the trend, with total buy value close to $9 million. This isn’t something retail can manage at that scale; it looks more like a market maker or an insider-associated party proactively propping up the market. Even more interesting is the exchange deposits. Between 2:00 AM and 4:00 AM, withdrawal requests for USELESS suddenly spiked—net outflows accounted for 18% of the trading volume at the time—while the price was hovering near the day’s low around $0.09. Think about it: if it really were panic selling, you’d expect large-scale deposits hitting the sell wall, but the actual direction was completely opposite—tokens were moving from exchanges to cold wallets. This usually means someone doesn’t want their coins to be dumped easily, or they’re preparing “lock-up” moves before the next leg of the pump. Putting it together: with 24-hour trading volume as high as $398 million, yet the price is stuck around the $0.11 midpoint, it suggests the buy/sell side is aggressively rotating. The people chasing at $0.13 and the ones bottom-fishing at $0.09 completed the swap of hands within the same range, while the main funds took the opportunity to keep the price stabilized in a “comfortable zone”—not letting profit-takers easily exit the top, but also not giving the shorts enough room to press deeper. My take: in the short term, USELESS may still see a pulse-like spike upward, but the target level won’t exceed $0.145—because around that zone there’s a heavy overlap of trapped liquidity and early profit-taking sell pressure. If tomorrow the on-chain whales keep increasing holdings during small pullbacks, then the dip would be a fake move. But once you see a single transfer of more than one million coins directly into an exchange hot wallet, you should be on alert for a washout. Don’t rush to jump ship, and don’t go all-in either—just watch what those three addresses do. Wait for confirmation. Want to talk about it?