$USELESS SHORT SETUP
$USELESS has made a strong push from the $0.22 area toward $0.31, but the chart is now showing a clear rejection from the highs.
Price is currently around $0.268, and if the rejection continues, I’m watching for a deeper retracement toward the previous support zones.
SHORT PLAN
Entry: $0.270 – $0.280
Add: $0.285 – $0.295
Aggressive Entry: $0.300 – $0.310
TP1: $0.260
TP2: $0.250
TP3: $0.240
TP4: $0.230
TP5: $0.220
TP6: $0.200
Stop Loss: $0.315
The setup is based on rejection after the sharp rally. Wait for confirmation before entering rather than chasing the move.
Manage leverage carefully and protect your capital.
$USELESS has made a strong push from the $0.22 area toward $0.31, but the chart is now showing a clear rejection from the highs.
Price is currently around $0.268, and if the rejection continues, I’m watching for a deeper retracement toward the previous support zones.
SHORT PLAN
Entry: $0.270 – $0.280
Add: $0.285 – $0.295
Aggressive Entry: $0.300 – $0.310
TP1: $0.260
TP2: $0.250
TP3: $0.240
TP4: $0.230
TP5: $0.220
TP6: $0.200
Stop Loss: $0.315
The setup is based on rejection after the sharp rally. Wait for confirmation before entering rather than chasing the move.
Manage leverage carefully and protect your capital.
