$USELESS đ is moving hard after Bitcoinâs breakout⊠but can this rally continue?
$USELESS is catching serious momentum as BTC pushes higher and traders start rotating back into higher-risk memecoins. The overall market is heating up, and that risk-on mood is giving smaller coins another chance to explode.
What really caught my attention is the whale activity. Wallets holding more than $1M worth of USELESS reportedly control around 57% of the supply. At the same time, Open Interest jumped roughly 11% to $70M, showing that leverage and speculation are increasing fast.
Technically, USELESS is still holding above its major moving averages, while the $0.23â$0.25 area remains an important support zone.
If buyers continue defending this range and Bitcoin stays strong, Iâm watching $0.34 as the next major upside area. đ„
But remember â this is a speculative move. If USELESS loses the key support and BTC momentum fades, the whole setup can quickly turn into consolidation or a deeper pullback.
Right now, momentum is clearly with the bulls⊠but the next few candles will tell us whether this is a real breakout or just another speculative pump. đ
#useless
$USELESS is catching serious momentum as BTC pushes higher and traders start rotating back into higher-risk memecoins. The overall market is heating up, and that risk-on mood is giving smaller coins another chance to explode.
What really caught my attention is the whale activity. Wallets holding more than $1M worth of USELESS reportedly control around 57% of the supply. At the same time, Open Interest jumped roughly 11% to $70M, showing that leverage and speculation are increasing fast.
Technically, USELESS is still holding above its major moving averages, while the $0.23â$0.25 area remains an important support zone.
If buyers continue defending this range and Bitcoin stays strong, Iâm watching $0.34 as the next major upside area. đ„
But remember â this is a speculative move. If USELESS loses the key support and BTC momentum fades, the whole setup can quickly turn into consolidation or a deeper pullback.
Right now, momentum is clearly with the bulls⊠but the next few candles will tell us whether this is a real breakout or just another speculative pump. đ
#useless
