$USELESS is showing a bearish rejection setup after failing to hold above the 0.10580 recent high and forming a lower high near 0.11030. Sellers defended the upper resistance, and price is now pulling back from overextended highs, with volume declining on the bounce.
EP: $0.10350–$0.10450
TP1: $0.09950
TP2: $0.09500
TP3: $0.09000
SL: $0.10650
The 0.10580 level is a clear liquidity sweep (24h high), and the rejection candle shows aggressive seller absorption. Invalidation is a 1H close above 0.10650, which would trap shorts and target the 0.11000 zone. R/R ~1:1.5 to 1:2.5, targeting the 0.09500–0.09000 liquidity pool below.
$ZEC
$QKC
EP: $0.10350–$0.10450
TP1: $0.09950
TP2: $0.09500
TP3: $0.09000
SL: $0.10650
The 0.10580 level is a clear liquidity sweep (24h high), and the rejection candle shows aggressive seller absorption. Invalidation is a 1H close above 0.10650, which would trap shorts and target the 0.11000 zone. R/R ~1:1.5 to 1:2.5, targeting the 0.09500–0.09000 liquidity pool below.
$ZEC
$QKC
