USELESS Showing Strength After Downtrend Break

USELESS has finally broken out of its long-term descending channel, shifting the structure from bearish to early bullish.
After months of compression inside the channel, price formed a base (highlighted range) and then pushed strongly upward, reclaiming momentum.

What’s happening:
Clean breakout from descending channel
Strong impulse move with volume expansion
Range accumulation acting as a solid base

Key levels:
Immediate support: 0.05 – 0.06 zone (previous range top)
Current momentum level: ~0.078
Higher resistance targets: 0.15 → 0.40 HTF zones

Bullish scenario:
If price holds above the breakout zone and flips it into support, continuation toward 0.15 is likely. Breaking that opens a larger move toward 0.40 macro resistance.

Bearish scenario:
If price fails to hold above 0.05, it could fall back into the previous range, weakening the breakout structure.
Right now, this is a classic accumulation → breakout transition, and momentum is clearly favoring the upside.