The opportunity to pick up money is often hidden right when the disagreement is at its greatest. $USELESS is in exactly this kind of situation right now—some people panic when they see a big drop, while others see it as “cheap lots.” Let’s look at the chart: in this leg down, the sell-off volume can’t keep expanding, and instead there’s support building at the low levels. That suggests the panic-selling has mostly run its course. As long as the key support holds, the four-hour structure is still in the process of being repaired. So long as that low isn’t broken, the probability of price moving upward increases.
I know everyone is afraid of catching a falling knife, but at this position the risk-reward ratio is quite favorable. Don’t let short-term fluctuations throw off your timing—be patient and wait for structural confirmation. My bias is toward upward repair.
🟢 Trading direction: Long
📍 Entry range: 0.2301 – 0.2401
🛑 Stop loss: 0.2161
🎯 Take profit 1: 0.2601
🎯 Take profit 2: 0.2801
🎯 Take profit 3: 0.3001
🎯 Take profit 4: 0.4001
In still waters, deep currents hide great foresight; through the market’s ups and downs, there is calm.
Join “Fei Jie,” read the pulse of the surging wealth tide.
#USELESS
Click below to trade 👇
I know everyone is afraid of catching a falling knife, but at this position the risk-reward ratio is quite favorable. Don’t let short-term fluctuations throw off your timing—be patient and wait for structural confirmation. My bias is toward upward repair.
🟢 Trading direction: Long
📍 Entry range: 0.2301 – 0.2401
🛑 Stop loss: 0.2161
🎯 Take profit 1: 0.2601
🎯 Take profit 2: 0.2801
🎯 Take profit 3: 0.3001
🎯 Take profit 4: 0.4001
In still waters, deep currents hide great foresight; through the market’s ups and downs, there is calm.
Join “Fei Jie,” read the pulse of the surging wealth tide.
#USELESS
Click below to trade 👇