$USELESS ‌
$USELESS is moving fast again, adding roughly 67% in the latest 24 hours and pushing its market capitalization toward approximately $213M. The latest acceleration came after the public call from Bonk Guy, who said his conviction in the current position is even stronger than his 2023 BONK trade and reported that his holding is already up around $1.68M. With that kind of public attention combined with a vertical price expansion, USELESS has quickly become a chart that momentum traders cannot easily ignore.
And now the real test begins.
Can buyers keep control?
A strong rally is impressive, but the reaction after the rally often tells us much more about the underlying structure. When an asset moves this aggressively, profit-taking can appear at any moment, and the market needs to prove that buyers are willing to defend higher prices instead of allowing the entire move to retrace.
On the 4-hour chart, USELESS is trading around $0.23790, after reaching approximately $0.24050. The 9-period moving average is near $0.23876, placing short-term price action directly around this fast-moving trend indicator. Meanwhile, the 50-period MA sits much lower near $0.12024, showing just how extreme the distance between short-term momentum and the broader trend has become.
The Bollinger Bands are giving us an even clearer roadmap. The middle band is positioned around $0.18735, while the upper band reaches approximately $0.29408 and the lower band sits near $0.08062. Price remains well above the middle band and is consolidating close to the 9-period MA, which keeps the immediate momentum structure constructive.
🚀 THE NEXT BIG TEST
$0.29408
That is the level I am watching most closely on the upside.
It represents the upper Bollinger Band and an important resistance area. If USELESS can break through this region with strong volume and maintain acceptance above it, the market could enter another expansion phase and begin searching for fresh price-discovery levels.
But before that happens, buyers have something to defend.
$0.187
This middle-band area is my short-term trend filter. If price holds above it and continues producing higher lows, the bullish structure remains relatively healthy despite the massive rally. A controlled pullback into this region would not automatically mean the trend has failed; after a vertical move, some consolidation can actually be constructive.
The situation changes if $0.187 breaks decisively.
⚠️ THE BEARISH ROADMAP
A high-volume breakdown below $0.187 would tell me that short-term momentum is weakening and could bring $0.120 into focus. That level is especially important because it sits close to the 50-period MA. If the selling pressure becomes even stronger, the deeper $0.080 area would become relevant as a major mean-reversion zone.
That does not mean USELESS must fall to those levels.
It simply defines the areas I would watch if the current structure starts breaking down.
📊 MOMENTUM CHECK
RSI is currently around 68.20.
That is elevated, but it is not yet an extreme reading.
MACD remains positive, and the histogram continues to show constructive momentum. So there is no clear technical evidence yet that the trend has completely rolled over.
But I would still stay careful.
When price moves vertically, indicators can remain bullish while the market is already vulnerable to sharp profit-taking.
🎯 MY ROADMAP
$0.237–$0.240 → current price battle
$0.294 → major resistance
$0.187 → key support and trend filter
$0.120 → major MA support
$0.080 → deeper correction zone
My bullish scenario is a controlled consolidation around the current region, followed by a successful defense of $0.187 and then a volume-backed breakout through $0.294. That would give buyers much stronger confirmation that the latest move is more than a temporary narrative-driven spike.
I am not interested in chasing every green candle.
I want structure.
I want confirmation.
I want volume.
The Bonk Guy call has clearly added fuel to the narrative, but narrative alone cannot guarantee another leg higher. The market still has to accept these prices, absorb profit-taking and continue attracting liquidity.
That is the difference between a temporary pump and a sustainable momentum trend.
For now, I remain bullish while $0.187 holds, but I would keep position sizing controlled because the chart is already heavily extended. If buyers successfully defend the higher levels and attack $0.294 with strength, the setup becomes considerably more interesting. If $0.187 fails, I would stop chasing upside and start watching the downside roadmap instead.
USELESS has already shown how quickly momentum can expand.
Now comes the harder part.
Can buyers turn this explosive rally into a sustainable trend?
Or will the market finally demand a deeper cooldown before the next move?
I am watching $0.294 on the upside and $0.187 on the downside.
Which level do you think breaks first?
#USELESS #MemeMomentum $USELESS
@Gate_Square

SoominStar2026-09-05 11:43:42

#USELESSSurgesAnother67%
$USELESS {currencycard:futures}(USELESS_USDT) ‌

$USELESS is moving fast again, adding roughly 67% in the latest 24 hours and pushing its market capitalization toward approximately $213M. The latest acceleration came after the public call from Bonk Guy, who said his conviction in the current position is even stronger than his 2023 BONK trade and reported that his holding is already up around $1.68M. With that kind of public attention combined with a vertical price expansion, USELESS has quickly become a chart that momentum traders cannot easily ignore.

And now the real test begins.

Can buyers keep control?

A strong rally is impressive, but the reaction after the rally often tells us much more about the underlying structure. When an asset moves this aggressively, profit-taking can appear at any moment, and the market needs to prove that buyers are willing to defend higher prices instead of allowing the entire move to retrace.

On the 4-hour chart, USELESS is trading around $0.23790, after reaching approximately $0.24050. The 9-period moving average is near $0.23876, placing short-term price action directly around this fast-moving trend indicator. Meanwhile, the 50-period MA sits much lower near $0.12024, showing just how extreme the distance between short-term momentum and the broader trend has become.

The Bollinger Bands are giving us an even clearer roadmap. The middle band is positioned around $0.18735, while the upper band reaches approximately $0.29408 and the lower band sits near $0.08062. Price remains well above the middle band and is consolidating close to the 9-period MA, which keeps the immediate momentum structure constructive.

🚀 THE NEXT BIG TEST

$0.29408

That is the level I am watching most closely on the upside.

It represents the upper Bollinger Band and an important resistance area. If USELESS can break through this region with strong volume and maintain acceptance above it, the market could enter another expansion phase and begin searching for fresh price-discovery levels.

But before that happens, buyers have something to defend.

$0.187

This middle-band area is my short-term trend filter. If price holds above it and continues producing higher lows, the bullish structure remains relatively healthy despite the massive rally. A controlled pullback into this region would not automatically mean the trend has failed; after a vertical move, some consolidation can actually be constructive.

The situation changes if $0.187 breaks decisively.

⚠️ THE BEARISH ROADMAP

A high-volume breakdown below $0.187 would tell me that short-term momentum is weakening and could bring $0.120 into focus. That level is especially important because it sits close to the 50-period MA. If the selling pressure becomes even stronger, the deeper $0.080 area would become relevant as a major mean-reversion zone.

That does not mean USELESS must fall to those levels.

It simply defines the areas I would watch if the current structure starts breaking down.

📊 MOMENTUM CHECK

RSI is currently around 68.20.

That is elevated, but it is not yet an extreme reading.

MACD remains positive, and the histogram continues to show constructive momentum. So there is no clear technical evidence yet that the trend has completely rolled over.

But I would still stay careful.

When price moves vertically, indicators can remain bullish while the market is already vulnerable to sharp profit-taking.

🎯 MY ROADMAP

$0.237–$0.240 → current price battle

$0.294 → major resistance

$0.187 → key support and trend filter

$0.120 → major MA support

$0.080 → deeper correction zone

My bullish scenario is a controlled consolidation around the current region, followed by a successful defense of $0.187 and then a volume-backed breakout through $0.294. That would give buyers much stronger confirmation that the latest move is more than a temporary narrative-driven spike.

I am not interested in chasing every green candle.

I want structure.

I want confirmation.

I want volume.

The Bonk Guy call has clearly added fuel to the narrative, but narrative alone cannot guarantee another leg higher. The market still has to accept these prices, absorb profit-taking and continue attracting liquidity.

That is the difference between a temporary pump and a sustainable momentum trend.

For now, I remain bullish while $0.187 holds, but I would keep position sizing controlled because the chart is already heavily extended. If buyers successfully defend the higher levels and attack $0.294 with strength, the setup becomes considerably more interesting. If $0.187 fails, I would stop chasing upside and start watching the downside roadmap instead.

USELESS has already shown how quickly momentum can expand.

Now comes the harder part.

Can buyers turn this explosive rally into a sustainable trend?

Or will the market finally demand a deeper cooldown before the next move?

I am watching $0.294 on the upside and $0.187 on the downside.

Which level do you think breaks first?

#USELESS #MemeMomentum $USELESS
@Gate_Square

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