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$USELESS
useless
USELESSUSDT
Perp
--
-14.66%
‌ is up 432 percent today, but the 4-hour chart is telling a very different story. This meme coin already had its massive pump and dump, and now it is trying to bounce from the lows. The problem is that the bounce is running straight into the EMA30 at 023448, which is acting as a hard ceiling. The MACD is still negative with DIF below DEA, so the momentum is not on the bulls side. If price rejects here, the next leg down could be brutal.

Entry: 023300 - 023400
Stop Loss: 024000
TP1: 021500
TP2: 020000
TP3: 018500

Do you think USELESS will break through 023448 or get rejected and roll over? Drop your thoughts below.
post-image
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
USELESSUSELESS-14.66%
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OnChain110
2026-09-12
I placed a short at 023448. The stop-loss is set a bit wide, but the risk-reward ratio is attractive.
0View Original
ProtocolPicnic
2026-09-12
The 024000 stop-loss is too close; a single wick will trigger it. It is recommended to widen it to 025.
0View Original
MorningLightInAGlassBottle
2026-09-12
TP3 sees 18,500? That drop is a bit brutal, but since it's called USELESS…
0View Original
CyclePoet
2026-09-12
First Review
I’m betting on a breakout—meme coins play by no rules, and technical indicators often fail.
0View Original

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