$USELESS {currencycard:futures}(USELESSUSDT) ‌ is | CryptoJourney1 on Gate Square | Gate Square

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2026-09-12 08:30:42

USELESSUSDT

Perp

--

+4.99%

‌ 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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

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Comment

ProtocolPicnic

9 minutes ago

The 024000 stop-loss is too close; a single wick will trigger it. It is recommended to widen it to 025.

00View Original

MorningLightInAGlassBottle

13 minutes ago

TP3 sees 18,500? That drop is a bit brutal, but since it's called USELESS…

00View Original

RSIHunter

14 minutes ago

Those who got trapped at the previous high—now that you’re back to break-even, are you selling and running, or continuing to hold?

00View Original

BaseCowboy

21 minutes ago

On the 4-hour timeframe, the rebound was rejected at the moving average, forming a classic bearish continuation pattern; waiting for a breakdown.

00View Original

CyclePoet

23 minutes ago

First Review

I’m betting on a breakout—meme coins play by no rules, and technical indicators often fail.

00View Original

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