$USELESS This move is getting harder to ignore I’v | Brittany_willo on Gate Square

$USELESS This move is getting harder to ignore

I’ve been watching this one climb for a while, and the part that caught my attention isn’t just the +18% on the screen.

It’s how price has been moving once buyers took control.

On the 2H chart, USELESS has pushed through the moving averages one after another, and now it’s trading around 0.145, right near the 0.14888 high. The interesting part is that price isn’t just sitting above the MA5 and MA10 — it’s stretched well above them, with the MA5 around 0.1343 and MA10 around 0.1269.

That tells me momentum is strong, but it also tells me I don’t want to be the guy chasing the green candle at the top.

The Bollinger Bands are giving the same message. The upper band is around 0.1414, and price is already trading above it. That’s usually a sign of aggressive momentum, but after a move like this I want to see whether buyers can actually hold the breakout instead of giving some of it back.

What I really like here is the volume.

The bigger candles have been coming with noticeably stronger activity, and the open interest has also been climbing into the move. So there’s clearly fresh positioning coming into this market. That makes the move more interesting than a simple low-volume spike.

MACD is backing it up too. DIF is above DEA and the histogram has turned positive again. Momentum hasn’t disappeared yet.

But here’s where I’d be careful.

0.14888 is the immediate ceiling. Price is basically knocking on that door right now. If it breaks with proper volume and actually holds above it, that would tell me buyers still have something left.

If it gets rejected hard, I’d be watching 0.134–0.135 first, then the 0.1259 support underneath.

Personally, I’m more interested in seeing how $USELESS behaves after this push than trying to predict the next candle.

The chart is strong right now.

I just want to see whether buyers can turn this momentum into a level they can defend.

USELESSUSDT

Perp

-14.66%

‌#Gate60MillionUsers #KimiConfidentiallyFilesForHKIPO

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USELESS-14.66%

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Comment 13

ZerionTracker2026-09-03

Once Gate added this event tag, liquidity did indeed pick up, but the HK IPO news isn’t really related to the token price, right?

Brittany_willo2026-09-03Author

Yeah, I’d say the liquidity reaction matters more here than the IPO news itself

OnChainExcitement2026-09-03

On the 2H timeframe, I’m watching to see whether the breakout holds. I’d rather miss the initial move than get stuck at the top—let’s wait for confirmation that 0.14888 is holding.

Brittany_willo2026-09-03Author

same here. I’d rather miss the first move than chase a breakout that hasn’t confirmed yet.

MorphoMiner2026-09-03

If the 0.1259 support breaks, all the previous breakouts will turn out to be false breakouts, so risk management must be in place.

Brittany_willo2026-09-03Author

Exactly. That 0.1259 level is important. If it loses, I’d rather step back and reassess.

MiningCoder2026-09-03

The MACD golden cross has just appeared, and the histogram has only just turned positive, so the momentum cycle should be able to continue for a while longer.

Brittany_willo2026-09-03Author

Yeah, I’m watching that level too. The setup looks interesting, but I’d rather see confirmation than chase the move

YieldOptimizer2026-09-06

USELESS is indeed strong this time, but I personally wouldn’t dare chase at 0.14888. I’ll wait for a pullback to around 0.134 and reassess.

HardcoreFairy2026-09-05

Volume is supporting the move well, so this isn't a hollow pump, but trading above the upper Bollinger Band indicates a short-term overbought risk.

Stones under the aurora2026-09-03

Named USELESS, yet its price action is so USEFUL—the crypto world is dripping with irony.

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