#USELESS again is one of the most attention-grabbing assets in the market today. In the last few days, this token has seen an extreme rally from the area around $0.06–$0.07 to $0.18–$0.20, accompanied by a very large volume surge. Latest data shows that USELESS briefly touched the $0.20 area, while its market capitalization has reached around $213 million. Binance also reports that USELESS is up about 67% in 24 hours, indicating that speculative momentum is very strong.
📊 TECHNICAL VIEW
In terms of price action, USELESS’s structure is still STRONGLY BULLISH because price continues to form higher highs and higher lows. However, after a vertical surge like this, chasing a LONG position becomes much riskier. The $0.20–$0.204 area is the main resistance right now. If price can break out of that area with strong volume and successfully retest it, the next psychological targets are $0.22 → $0.25 → $0.30.
On the other hand, traders need to pay attention to the support areas. $0.17–$0.18 is the first support after a breakout, then $0.15–$0.16 as a deeper retracement zone. If price loses $0.15 with heavy selling pressure, the short-term bullish momentum could potentially turn into a more aggressive correction. Historical data shows USELESS moved from around $0.067 at the end of August to around $0.20 in early September—an extremely fast rise that certainly increases the risk of profit-taking.
⚠️ MOST IMPORTANT THING: DON’T FOMO
USELESS momentum is indeed very bullish, but very high momentum indicators also serve as a warning. The latest analysis notes that the RSI is even above 90, a condition that indicates the market is already extremely overbought in the short term. This doesn’t automatically mean the price must fall, because an asset experiencing extreme momentum can stay overbought for longer. However, the probability of a pullback and high volatility is becoming greater.
🎯 CONCLUSION
USELESS is currently in an EXTREME BULLISH MOMENTUM + EXTREME VOLATILITY condition.
🟢 Support: $0.18 → $0.16 → $0.15
🔴 Resistance: $0.20 → $0.204
🚀 Breakout targets: $0.22 → $0.25 → $0.30
⚠️ Warning: RSI is very high + vertical surge
In my opinion, the $0.20–$0.204 level is the most important area to watch. A breakout with strong volume can open room for continuation, while a harsh rejection can trigger profit-taking. Don’t chase the price just because the candle is green. Wait for a setup that offers a reasonable risk/reward.
