I did nothing—just went to the restroom, and when I came back, the candlestick chart had already done the work for me. At this speed of decline, even the bears almost failed to react.
A few days ago during the afternoon session,
$USELESS bounced several times but always fell just short. After the price touched key levels, it immediately pulled back, and buying support never followed through. Seeing selling pressure build above USELESS, I suggested looking for short entries around 0.06816—don’t chase the first leg, wait for confirmation before following.
The price has now fallen to 0.04014,