#BonkGuyBullishOnUSELESS

Bonk Guy has turned publicly bullish on USELESS, noting that the token is trading at all-time highs against several major meme coins and floating the idea that it could become this cycle’s meme king. Market capitalisation currently sits around 234 million dollars. The statement has added another layer of attention to an already volatile name.

On the daily chart price is trading near 0.215 after a sharp vertical advance. Immediate resistance sits near the recent high around 0.236–0.313. Support starts at the 0.198–0.164 zone, followed by a denser cluster of prior demand between roughly 0.101 and 0.058. Volume expanded significantly on the breakout and has remained elevated, which is typical for high-momentum meme moves.

The bullish case is a clean hold above the 0.198–0.164 area and a subsequent push through the recent high. If the broader meme rotation stays intact and the narrative continues to attract capital, the path of least resistance can stay higher. In that scenario the entire 0.215–0.164 region becomes the first support band on any pullback.

The bearish case starts with a failure to hold 0.164. A break under that level on rising volume would likely open the door toward the mid-0.10s and turn the recent spike into a short-term liquidity event. After a multi-week parabolic advance, some deeper retracement is normal once the initial momentum fades.

I am treating the recent high as the upside reference and the 0.164–0.198 zone as the short-term trend filter. Influencer commentary can accelerate attention, yet the chart still has to confirm whether buyers are willing to defend the breakout or whether the market needs time to digest the move. Size stays measured until one of those levels resolves with volume.

Do you see USELESS as a candidate for this cycle’s leading meme, or are you treating the current levels as extended and waiting for a deeper retest. Share your framing.

‍#USELESS #MemeCoins
‍#GateMeme $USELESS