USELESS Token Defies Gravity: Stunning Rally Amid Meme Coin Market Meltdown

While the meme coin sector bleeds out, one token laughs in the face of gravity. USELESS isn't just holding ground—it's skyrocketing against all odds.

The Contrarian Surge

Forget what the charts say about broader meme coin pessimism. This asset ripped through bearish sentiment like tissue paper, posting gains that left traditional analysts scrambling. It's the ultimate middle finger to market conventional wisdom.

Zero Utility, Maximum Momentum

No fundamental news? No problem. The token's rally operates on pure market defiance, proving that in crypto, logic often takes a backseat to mob psychology. Some call it irrational; others call it profit.

Wall Street's Nightmare

While fund managers pore over spreadsheets and inflation data, a token literally named 'USELESS' outpaces their carefully constructed portfolios. Maybe they should try being less useful. The rally continues mocking the very concept of risk assessment—because in today's market, the only thing more volatile than prices is common sense.

Useless Coin Fails To Gain Support

The Moving Average Convergence Divergence (MACD) indicator shows USELESS approaching a potential bullish crossover. If the MACD line crosses above the signal line, it WOULD confirm a shift in momentum toward a positive trend.

Such a crossover would indicate that broader market cues are supporting the altcoin. This could help USELESS sustain its current rally and possibly attract new buyers. Increased demand in the coming days may provide additional momentum, aiding the meme coin in testing higher resistance levels.

Despite the recent jump, the Chaikin Money FLOW (CMF) indicator signals underlying weakness. Currently sitting below the zero line in negative territory, it highlights limited investor participation and weak inflows.

Lack of fresh capital inflows remains detrimental to long-term growth. Without consistent buying pressure, the altcoin risks stagnation. The weak sentiment suggests that USELESS may struggle to sustain momentum unless broader market conditions improve significantly in the NEAR term.

USELESS Price Needs A Push

At the time of writing, USELESS is trading at $0.208, having flipped $0.185 into support following its 31% surge. The next resistance lies at $0.230, a key barrier that the meme coin must overcome.

Given current technical signals, USELESS may find it difficult to breach $0.230. If investor sentiment does not improve, consolidation below this resistance level appears likely.

On the other hand, if market conditions turn favorable, USELESS could push past $0.230 and secure it as support. This breakout would pave the way for a rise to $0.292, invalidating the bearish thesis and reinforcing bullish momentum.