#GateSquareMayTradingShare


$USELESS
USELESS has exited its long-term downtrend channel, changing the structure from bearish to early bullish.
After months of compression within the channel, the price formed a base (highlighted range) and then pushed strongly upward, regaining momentum.

What happened:
Clean breakout from the downtrend channel
Strong impulsive movement with volume expansion
Accumulation within a range that acts as a solid base

Key levels:
Immediate support: zone 0.05 – 0.06 (above the previous range)
Current momentum level: ~0.079
Higher resistance target: HTF zone 0.15 → 0.40

Bullish scenario:
If the price stays above the breakout zone and turns it into support, a move toward 0.15 is highly likely. Breaking that opens a larger step toward macro resistance at 0.40.

Bearish scenario:
If the price fails to hold above 0.05, it could fall back into the previous range, weakening the breakout structure.
Currently, this is an accumulation transition → classic breakout, and momentum clearly supports the upside.
USELESS25.03%
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