$USELESS Just surged 12.58%, but a New York judge ruled that the SEC's lawsuit against Coinbase can proceed, adding more pressure on cryptocurrency regulation. Source: Reuters.

Trading logic: In the short term, crypto risk assets are under pressure, and small coins like $USELESS are more susceptible to liquidity drain. Today, it surged to 0.0774 then pulled back, indicating significant selling pressure above, and regulatory news is just a reason for bears to add positions. My operation: At the current price of 0.0743, reduce position by 20%, set stop loss at 0.068 and exit if broken, take profit around 0.070 for re-entry. Do not exceed 5% position size; chasing the rally now is just giving money away.
I ask you: What are the biggest fears for useless projects? Press 1 for regulation, 2 for liquidity exhaustion.
Has the news been priced in? Not completely; the market is still digesting the long-term impact of this ruling, and there will be another shakeout when the US stock market opens tonight.