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🔥 The memecoin I’m tracking today is $ USELESS.
This token caught my attention not only because of its popularity, but primarily because of the nature of its movement. $ USELESS showed strong upward momentum, while its market cap has already surpassed $300 million. At the same time, the price has approached its all-time high, so the main question for me now is whether buyers can maintain this pace rather than simply create a short-term spike.
📊 What I’m analyzing now:
• $0.30–0.32 — an important zone to hold;
• $0.35–0.36 — the nearest zone where I want to see buyer strength;
• $0.40–0.44 — the area near the all-time high;
• the key signal is volume as the move continues;
• strong buying after a pullback would be a more positive signal than another sharp green candle.
🔎 My scenario: if $ USELESS maintains its current structure and buying volume remains high, the next important test will be the all-time high zone. A breakout of the ATH on strong volume could signal the formation of a new price range.
⚠️ But the risks are also obvious. After such a rapid rise, profit-taking could intensify very quickly. If the price loses $0.30 and fails to reclaim it, that would be a sign of weakening momentum for me, not a signal to buy the dip.
🎯 My hypothesis is simple: $ USELESS remains interesting to watch, but this is no longer an early-entry story. Now the market has to show whether strong meme momentum can turn into a sustainable trend.
In meme trading, it is important not just to see a green candle, but to understand whether there is real demand behind it. If buyers confirm their strength, an opportunity will emerge; if not, it is better to miss the move than to enter emotionally.
#USELESS
#GateTrenches
#MemeCoin
#Gate
@Gate_Square
$INTC