USELESS coin market cap sits at $113M, with consolidation holding at this level since yesterday. Nearly $60M in volume has come through in the last 24 hours — the question now is whether buyers can absorb the sell pressure and drive a reversal?
Useless Coin is trading above a key support zone $0.10. This zone often acts as an accumulation base during corrective phases. If price can stabilize and carve a bottoming structure here, it may rotate higher and set the stage for a stronger bullish expansion.
So long as price holds the 0.10—0.09 support, where a small consolidation has formed, the structure stays constructive. Maintaining this base is key for any near-term recovery, with a potential move toward the 0.15–0.20, retesting the weekly rvwap.
Useless Coin is trading above a key support zone $0.10. This zone often acts as an accumulation base during corrective phases. If price can stabilize and carve a bottoming structure here, it may rotate higher and set the stage for a stronger bullish expansion.
So long as price holds the 0.10—0.09 support, where a small consolidation has formed, the structure stays constructive. Maintaining this base is key for any near-term recovery, with a potential move toward the 0.15–0.20, retesting the weekly rvwap.
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
Content in partnership with:
twitter.com/mooncakexbt
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.