USELESS rallies 30%, but can bulls break past $0.05?
USELESS, a memecoin on the Solana blockchain, surged over 30% in 24 hours, leading the top 500 cryptos in daily gains. Its trading volume spiked 243%, indicating strong liquidity. On-chain data revealed intense buying activity, with whales making significant purchases, including a notable $100K buy. The Long/Short Ratio increased, showing bullish dominance on exchanges like Bybit and Binance, though selling pressure persisted on Gate.io. The price faces a critical resistance test at $0.05; breaking this level could propel it toward $0.07. For a long-term bullish trend reversal, USELESS would need to surpass $0.13, requiring a 168% rally from current levels.
ambcrypto02/15 16:32