📉 *Important update for $USELESS
* 📊
$USELESS shows a clear continuation of the downward trend after a sharp rejection from the supply zone of $0.085 – $0.090. The price structure remains weak with lower highs followed by a sharp collapse, confirming strong selling pressure. The recent drop below $0.080 has turned this key level into resistance, and attempts to rebound are failing quickly.
_Trading Setup_:
- _Entry point for selling_: $0.079 – $0.082 📍
- _Stop loss_: $0.0855 ⚠️
- _Take profit targets_:
- _Target 1_: $0.0750 📉
- _Target 2_: $0.0700 📊
- _Target 3_: $0.0665 💥
_Technical Analysis_:
- _Bearish momentum_: $USELESS shows continued decline with the price remaining below resistance 🔄.
- _Bearish continuation_: As long as the price stays below $0.080 – $0.082, further decline is expected with the possibility of additional downward movement 📉.
The currency shows potential for decline with a likelihood of downward movement 📉.
