#USELESSSurgesAnother67% ‌
USELESS is once again proving that small-cap momentum can move extremely fast. Around $0.24, the token has delivered another explosive move of roughly 67%, while the latest market data shows price pushing close to the $0.25 area. The move is especially notable because it follows an already powerful multi-day rally rather than coming after a long period of weakness. Current data also shows roughly $140M+ in 24-hour trading volume, meaning this is not simply a low-liquidity price spike.
From a technical perspective, the chart is extremely bullish but also extremely stretched. The RSI(14) is around 77 on one major technical snapshot, while another calculation has pushed RSI above 90. Either way, the message is similar: momentum is powerful, but buyers are operating in an overbought zone. MACD remains positive and moving averages are aligned bullishly, with the short-term averages sitting well below the current price. This combination confirms that the trend is strong, but it also increases the probability of sharp pullbacks after such a vertical move.
The most important level right now is the $0.25 psychological zone. Price reaching approximately $0.25 means buyers are testing a clean round-number resistance after the huge acceleration. A convincing breakout above $0.25, supported by sustained volume rather than only a quick wick, could open the way toward $0.258 and then the $0.30–$0.31 area. The latter becomes particularly interesting because technical resistance data places a major resistance zone around $0.312.
But there is another side to this chart. After a 67% surge, chasing the candle becomes much riskier than entering during the earlier breakout. The current price is significantly above its short-term averages: the latest technical data places the 5-day SMA near $0.20, the 10-day SMA around $0.19, the 20-day SMA around $0.176, and the 50-day SMA around $0.141. That distance tells us just how aggressively momentum has expanded. Strong trends can remain irrational for longer than expected, but eventually the market often returns to test previous breakout zones.
For me, the key battle is therefore not simply “can USELESS go higher?” but whether $0.20–$0.21 can become a new support zone. If price pulls back and buyers defend this region, it would show that the latest breakout is being accepted rather than completely rejected. Below that, the next meaningful technical area is around $0.176–$0.18, close to the 20-day average. A deeper correction toward the $0.15 area would still leave the broader recent rally intact, but losing that region with heavy selling would weaken the immediate momentum structure. Technical pivot data also identifies approximately $0.1498 as a support level.
The volume picture is equally important. USELESS has recently experienced a dramatic expansion in trading activity alongside its price appreciation. That is generally healthier than a huge move occurring on disappearing liquidity, but high volume can work both ways. If volume continues expanding while price holds above $0.20, it would support the continuation thesis. If volume becomes dominated by sellers around $0.25–$0.26 and price starts producing long upper wicks, that would be an early warning that momentum is becoming exhausted.
So the current setup is bullish trend + extreme momentum + elevated correction risk. The chart does not currently look like a normal slow accumulation; it looks like a momentum phase where candles can move several percentage points very quickly. RSI and ADX are warning that the market is overheated, while MACD and moving averages continue to confirm the underlying bullish trend.
At around $0.24–$0.25, I would watch three zones very closely: $0.25 for breakout confirmation, $0.20–$0.21 for immediate support, and $0.176–$0.18 for deeper trend protection. Above $0.25 with strong volume, $0.258 and then $0.30–$0.31 become the next technical areas to monitor. If $0.20 fails decisively, however, the market could need a cooling-off period before another serious attempt higher.
My technical view: USELESS remains strongly bullish, but after another ~67% surge, the risk/reward is no longer the same as it was at the beginning of the move. The next confirmation matters more than the size of the last candle. **A clean $0.25 breakout could extend the momentum toward $0.30+, while rejection followed by a loss of $0.20 would make a deeper correction increasingly likely.**
@Gate_Square
$USELESS ‌ ‌

#GateTops7DayNetInflowsGlobally
Gate is making a strong statement through capital flows. According to DeFiLlama data, Gate recorded approximately $273.72 million in net capital inflows over the past 7 days, placing it among the top three centralized exchanges globally. For an exchange, this is more than just a large number on a dashboard—it shows that a significant amount of capital has moved onto the platform after accounting for outflows.
The important word here is “net.” If users deposit $500 million but withdraw $226 million during the same period, the net inflow is roughly $274 million. That means the headline figure is measuring the difference between money coming in and money leaving, rather than simply counting deposits. This makes a sustained positive seven-day figure a useful indicator for understanding where exchange liquidity is building.
A seven-day window is particularly interesting because it filters out some of the noise that can appear in a single day. One large transfer can make a 24-hour ranking look impressive, but maintaining strong net inflows across an entire week suggests broader activity. Capital may be arriving for spot trading, derivatives, portfolio repositioning, new listings, hedging or simply to keep funds ready for opportunities.
There is another reason this number deserves attention. Exchange inflows should never be interpreted as an automatic bullish signal for the entire crypto market. Coins moving onto an exchange can eventually be used for buying, but they can also be deposited for selling or hedging. The stronger interpretation comes when capital inflows are combined with trading volume, price action, stablecoin liquidity and user activity. In other words, inflow tells us where capital is moving; market behavior tells us what that capital is actually doing.
Gate's broader flow picture also adds context. DeFiLlama data cited by Gate showed approximately $520.45 million of net inflows over the past month, ranking Gate third among centralized exchanges globally. The seven-day figure therefore fits into a larger story of meaningful capital movement rather than appearing as an isolated one-day event.
For traders, this is the part I find most interesting. If strong net inflows continue while trading activity expands, liquidity becomes an increasingly important part of the Gate ecosystem. More available capital can support deeper market participation and provide traders with greater flexibility when volatility creates opportunities. But if inflows rise while prices weaken sharply, the interpretation becomes more complicated because those funds could be positioned for selling or defensive strategies.
The recent data also shows how quickly rankings can change. Another September 3 snapshot from DeFiLlama placed Gate's seven-day net inflow at $78.19 million and ranked it first among global centralized exchanges, highlighting that exchange-flow figures can move rapidly as deposits and withdrawals change. The key takeaway is therefore not to treat one snapshot as permanent, but to watch whether positive capital-flow momentum continues over multiple periods.
For Gate, the $273.72 million seven-day net inflow is still a notable milestone. It puts the exchange firmly on the global capital-flow radar and gives the community another metric to watch beyond simple trading volume. If the next weekly readings remain positive and are accompanied by stronger activity, that would make the trend considerably more meaningful.
Capital follows opportunity, but the smartest signal is not simply seeing money arrive. The real signal is seeing whether that capital stays, participates and contributes to sustained market activity.
@Gate_Square