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$USELESS Down 23.89% in 24 hours, now at $0.0979, just a breath away from the low of $0.0976—this isn’t a pullback, it’s a long-squeeze meat grinder. With $31.8M in trading volume and a -23.89% drop, on-chain data shows selling pressure concentrated during Asian trading hours. BTC is moving sideways and sucking up liquidity, Fed rate-cut expectations keep shifting, and the meme sector is bleeding across the board, with USELESS taking the hit first and becoming an ATM for sellers. Technically, $0.0976 is the last line of defense; a break below it points straight to $0.085. Overhead, $0.11 is a dense zone of trapped holders, making any rebound resistance. As for trading: don’t catch a falling knife at the current price. Wait for volume to contract and price to stabilize in the $0.095-$0.097 range before trying a small long position; stop-loss at $0.09, take-profit at $0.115, and keep your position below 5%. Did you catch this wave—get it wrong and you’re exit liquidity; get it right and that’s real skill. Follow me, and I’ll call out levels in the group first. #每周来晒 #Gate广场中秋团圆局

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USELESSUSELESS-14.68%
BTCBTC-0.67%
MEMEMEME-0.94%


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Comment 2
StableFisher
A similar pool on Curve had a liquidation case last year
CatChain
0.0976 This number looks familiar