$USELESS ‌Perfect, thank you for the chart 👍

Here is the clear and structured technical analysis of USELESS/USDT in 1D, suitable even for a beginner 👇

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📉 Overall Trend (Daily)

Main trend: bearish

Series of Lower Highs & Lower Lows

The price is moving below all key Fibonacci resistances

We are in a late trend / sideways phase

👉 The decline is slowing → loss of selling momentum

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🟢 Key support zone (very important)

📍 0.054 – 0.060 USDT

Fibonacci level 0.0 (0.05738)

Tested multiple times without a clear break

Presence of defensive buying

👉 This is the market decision zone

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🔴 Resistance zones (to watch)

Based on Fibonacci + old structures:

1️⃣ 0.085 – 0.10 USDT

First barrier

Ideal short-term profit-taking zone

2️⃣ 0.14 – 0.15 USDT (0.236 Fib)

Intermediate resistance

Possible rejection

3️⃣ 0.20 – 0.22 USDT (0.382 Fib)

Key reversal zone

Bullish confirmation if broken

4️⃣ 0.25 – 0.30 USDT (0.5 – 0.618 Fib)

Major supply zone

Swing / mid-term target

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📊 Price Action Reading

Narrow range → compression

Repeated lower wicks → absorption of sales

Low volatility → preparation for a strong move

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🔮 Probable scenarios

✅ Bullish scenario (the most logical currently)

Conditions:

Price stays above 0.054

Break + daily close above 0.075 – 0.08

Targets:

🎯 0.10

🎯 0.15

🎯 0.22+

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❌ Bearish scenario

Clear break of support at 0.054

Daily close below this zone

Consequences:

New lows

Invalidation of the accumulation scenario

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🧠 Simple conclusion

👉 USELESS is in a high-potential accumulation zone

Limited risk (clear support)

Interesting risk/reward ratio

Ideal for:

Swing trading

Progressive accumulation (DCA)

Let’s go friends 🚀
✍️✍️🧘🧘✊✊#USELESSIsBasicallySittingAt #GoldBreaksAbove$5,200 #GateSquare‍