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$USELESS Market Update | Bearish Structure Remains Intact
$USELESS faced a precise rejection from the key $0.30–$0.32 resistance zone, confirming strong seller activity in that area. Since the rejection, price action has continued to print lower highs, indicating that bears remain in control of the short-term trend.
🔍 Key Levels to Watch:
🔻 Immediate Demand Zone: $0.16–$0.18
🔻 Major Support Zone: $0.12–$0.135
🔺 Resistance: $0.30–$0.32
As long as price remains below the recent resistance structure, downside pressure is likely to persist. A confirmed break below $0.18 could trigger another bearish leg toward the stronger support region around $0.12–$0.135.
📊 Trading Focus:
• Monitor volume near the $0.16–$0.18 demand area
• Watch for support reactions or breakdown confirmation
• Risk management remains essential in volatile conditions.
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