๐ $USELESS
Market Update | Bearish Structure Remains Intact
$USELESS faced a precise rejection from the key $0.30โ$0.32 resistance zone, confirming strong seller activity in that area. Since the rejection, price action has continued to print lower highs, indicating that bears remain in control of the short-term trend.
๐ Key Levels to Watch:
๐ป Immediate Demand Zone: $0.16โ$0.18
๐ป Major Support Zone: $0.12โ$0.135
๐บ Resistance: $0.30โ$0.32
As long as price remains below the recent resistance structure, downside pressure is likely to persist. A confirmed break below $0.18 could trigger another bearish leg toward the stronger support region around $0.12โ$0.135.
๐ Trading Focus:
โข Monitor volume near the $0.16โ$0.18 demand area
โข Watch for support reactions or breakdown confirmation
โข Risk management remains essential in volatile conditions.
#USELESS #Crypto #TechnicalAnalysis #BinanceSquare
Market Update | Bearish Structure Remains Intact
$USELESS faced a precise rejection from the key $0.30โ$0.32 resistance zone, confirming strong seller activity in that area. Since the rejection, price action has continued to print lower highs, indicating that bears remain in control of the short-term trend.
๐ Key Levels to Watch:
๐ป Immediate Demand Zone: $0.16โ$0.18
๐ป Major Support Zone: $0.12โ$0.135
๐บ Resistance: $0.30โ$0.32
As long as price remains below the recent resistance structure, downside pressure is likely to persist. A confirmed break below $0.18 could trigger another bearish leg toward the stronger support region around $0.12โ$0.135.
๐ Trading Focus:
โข Monitor volume near the $0.16โ$0.18 demand area
โข Watch for support reactions or breakdown confirmation
โข Risk management remains essential in volatile conditions.
#USELESS #Crypto #TechnicalAnalysis #BinanceSquare
