USELESSUSDT.P trade ideas
$USELESS 1-HOUR: trigger LONG set above immediate resistance$USELESS trigger LONG order set above immediate resistance overhead.
ENTRY above $0.315 and this could get explosive or not but it makes sense to set the order in advance.
Initial rejection of the horizontal resistances today but once that's left below us, the breakout should happen fast, you do you, this my journal only💙👽
Bonk MetaCurrently not many top coins on bonk.fun ecosystem.
Once Bonk start pumping with a full blown ALT Season. These tiny coins will ride the Bonk ecosystem wave. Here are some of the top coins on bonk.fun launch pad.
1) Useless Coin (designed to satirize conventional utility-focused cryptocurrencies) - 160 Million Market cap (Currently 10 - 12% of Bonk Market cap)
2) Hosico (a small orange cat) - 11 Million Market cap
3) Momo (female Shibu Inu) - 3.2 Million Market cap
Bought a small bag of the above 3 coins. This is definitely no financial advice. Meme coins are for Degen's only, but that said.
B
BONK
is obviously a stand out winner this cycle. Currently rankings below,
1) Dogecoin - 33 Billion market cap
2) Shiba Inu - 7 Billion market cap
3) Pepe - 4 Billion Market cap
4) Pengu - 2 Billion Market cap
5) Trump - 3 Billion Market cap
6) Bonk - 1.8 Billion Market cap
Last cycle Dogecoin went to 73 Billion and Shiba Inu went to 34 Billion. We could see a meme coin with a 100 Billion market cap this cycle peak. And the above top meme coins will do very well.
I do think adding a small bag of a top coin in the Bonk ecosystem will also do well, and will pump more multiples than the main coin.
The Bonk Meta is really strong!
DYOR
$USELESS breakout in the early stages, UNDER horizontal resis...$USELESS on 4-HOUR chart is attempting a breakout from the same falling wedge pattern as highlighted in my previous post with 1-DAY chart.
We are facing a double support, both horizontal (previous rejection areas/supply zones) and from that mentioned Fair Value Gap from 1D.
Both levels have to be conquered to open a long position so best to set a trigger. Volumes solid during this attempt. Next post too zoom in on the 1-HR chart👽💙
$USELESS attempted FALLING WEDGE breakout starting Let's zoom in on $USELESS as it might be the trade of all trades right now with this set-up.
Attempting a falling wedge breakout right now visible on smaller timeframes too (next posts☝️).
Targetting $0.545 if the breakout succeeds and for this we need to see two main conditions fullfilled: volume spike one breaking above the existing Fair Value Gap which will serve us as a breakout confirmation level before entering a long.
Rsi just crossed 60 after bullish hidden and regular divergences on both RSI and OBV. Strenght is palpable on this #USELESSUSDT chart.
Lower timeframes for finetuning our entry in next posts:☝️💙👽
USELESS Price Action Stays BullishThe recent buzz from new listings has injected fresh liquidity into USELESS, helping sustain bullish momentum. Traders appear optimistic, with demand driving steady upward pressure on the token’s price.
Currently, USELESS is trading above its 20-day Exponential Moving Average (EMA), which is providing dynamic support around $0.25. The 20-day EMA reflects the token’s average price over the past 20 trading days, with more weight on recent data.
Closing and holding above this level signals a positive short-term trend shift, as current prices remain stronger than the recent average. This technical alignment reinforces the bullish sentiment, suggesting that momentum could persist if the price maintains support above the EMA.
USELESSThe fear that keeps us from winning is the tremendous rugs that happens everyday, i have seen this project since was launched and i am monitoring it everyday.
It is giving the sense that this little thing could follow Fartcoin.
Keep an eye on it, looks very promising.
I will post some good projects, as i have analyzed and i think so..
DYOR before invest