$USELESS
/ USDT Analysis — 1m Timeframe
$USELESS (Useless Coin) has printed a strong V-shaped recovery candle on the 1-minute chart after sweeping liquidity down to $0.23842. The price action has broken above short-term moving averages and is currently testing key overhead resistance near the MA(99).
Key Market Observations
* Current Price: $0.24089 (+9.28% 24h change)
* 24h High / Low: $0.24521 / $0.21811
* Key Moving Averages (1m):
* MA(7): $0.24044 | EMA(7): $0.24049
* MA(25): $0.23977 | EMA(25): $0.24007
* MA(99): $0.24074 | EMA(99): $0.24061
* Supertrend (10,3): Flips bullish with support established at $0.23961.
Technical Setup & Structure
* Market Structure: After a steady sell-off from $0.24348 down to the local bottom at $0.23842, aggressive buyers stepped in. The sharp bounce reclaimed both MA(7) ($0.24044) and MA(25) ($0.23977), pushing right against the MA(99) resistance level ($0.24074).
* Volume: A fresh surge in buyer volume is visible on the latest green candle, confirming short-term momentum re-entry.
* Key Support: $0.23960 – $0.24040 (MA(7), EMA(25), and Supertrend support zone). Major low-tf swing support sits at $0.23842.
* Key Resistance: $0.24075 – $0.24150 (MA(99) and horizontal price levels). Higher targets sit at $0.24348.
Trade Execution Strategy
Scenario 1: Bullish Continuation / Long (Scalp)
* Entry Zone: $0.24000 – $0.24080 (buying the retest of short-term MAs or a clear 1m close above MA(99))
* Target 1 (TP1): $0.24150
* Target 2 (TP2): $0.24300
* Stop Loss (SL): $0.23930 (Below Supertrend support)
Scenario 2: Rejection / Short (Scalp)
* Entry Zone: Rejection at $0.24100 – $0.24150 OR a breakdown below $0.23960
* Target 1 (TP1): $0.23930
* Target 2 (TP2): $0.23850
* Stop Loss (SL): $0.24200
Disclaimer: Scalping on the 1-minute chart involves rapid volatility. Maintain disciplined risk management, proper leverage, and tight stop losses.
#GreekPoliceBustCryptoScamRingArrest17 #CanaryFilesAmendedS1ForPEPEETF
/ USDT Analysis — 1m Timeframe
$USELESS (Useless Coin) has printed a strong V-shaped recovery candle on the 1-minute chart after sweeping liquidity down to $0.23842. The price action has broken above short-term moving averages and is currently testing key overhead resistance near the MA(99).
Key Market Observations
* Current Price: $0.24089 (+9.28% 24h change)
* 24h High / Low: $0.24521 / $0.21811
* Key Moving Averages (1m):
* MA(7): $0.24044 | EMA(7): $0.24049
* MA(25): $0.23977 | EMA(25): $0.24007
* MA(99): $0.24074 | EMA(99): $0.24061
* Supertrend (10,3): Flips bullish with support established at $0.23961.
Technical Setup & Structure
* Market Structure: After a steady sell-off from $0.24348 down to the local bottom at $0.23842, aggressive buyers stepped in. The sharp bounce reclaimed both MA(7) ($0.24044) and MA(25) ($0.23977), pushing right against the MA(99) resistance level ($0.24074).
* Volume: A fresh surge in buyer volume is visible on the latest green candle, confirming short-term momentum re-entry.
* Key Support: $0.23960 – $0.24040 (MA(7), EMA(25), and Supertrend support zone). Major low-tf swing support sits at $0.23842.
* Key Resistance: $0.24075 – $0.24150 (MA(99) and horizontal price levels). Higher targets sit at $0.24348.
Trade Execution Strategy
Scenario 1: Bullish Continuation / Long (Scalp)
* Entry Zone: $0.24000 – $0.24080 (buying the retest of short-term MAs or a clear 1m close above MA(99))
* Target 1 (TP1): $0.24150
* Target 2 (TP2): $0.24300
* Stop Loss (SL): $0.23930 (Below Supertrend support)
Scenario 2: Rejection / Short (Scalp)
* Entry Zone: Rejection at $0.24100 – $0.24150 OR a breakdown below $0.23960
* Target 1 (TP1): $0.23930
* Target 2 (TP2): $0.23850
* Stop Loss (SL): $0.24200
Disclaimer: Scalping on the 1-minute chart involves rapid volatility. Maintain disciplined risk management, proper leverage, and tight stop losses.
#GreekPoliceBustCryptoScamRingArrest17 #CanaryFilesAmendedS1ForPEPEETF