$USELESS broke through the previous high, couldn’t hold it, then got smashed straight back to 0.23. Long upper wicks plus a volume spike on the selloff—this is the standard signal of distribution by the main force. A doubling in 7 days, a 5x rise in 30 days. Once the KOLs finish calling it out and the big player has finished their moves, all the emotional momentum cards are used up. What’s left is retail investors at the top, passing the bag to each other.
Short directly at 0.23–0.24, cut loss above 0.27. First target 0.18; if it breaks down, look for 0.15. Don’t be fooled by the gains from the past few days—especially for a purely emotion-driven meme, the withdrawal period is ruthless. The main theme has already shifted—follow the trend and short.
Short directly at 0.23–0.24, cut loss above 0.27. First target 0.18; if it breaks down, look for 0.15. Don’t be fooled by the gains from the past few days—especially for a purely emotion-driven meme, the withdrawal period is ruthless. The main theme has already shifted—follow the trend and short.
