$USELESS has been consolidating on the 1-hour chart after finding repeated rejection around the $0.2400 area, with price now trading near $0.2307.
The current structure suggests another pullback could develop toward the marked demand zone around $0.2140 – $0.2200. This area has previously attracted buyers and remains the key support shelf beneath the current range.
A sweep into this demand zone could provide the liquidity reset needed for another expansion higher. If buyers defend the area, the roadmap points toward a recovery back through $0.2400, with the next upside objective around $0.2550 – $0.2600.
A sustained break below $0.2140 would weaken this bullish scenario and signal that the consolidation may be turning into a deeper correction.
#useless
The current structure suggests another pullback could develop toward the marked demand zone around $0.2140 – $0.2200. This area has previously attracted buyers and remains the key support shelf beneath the current range.
A sweep into this demand zone could provide the liquidity reset needed for another expansion higher. If buyers defend the area, the roadmap points toward a recovery back through $0.2400, with the next upside objective around $0.2550 – $0.2600.
A sustained break below $0.2140 would weaken this bullish scenario and signal that the consolidation may be turning into a deeper correction.
#useless
