Over the past few weeks, $USELESS has undergone a significant correction, declining from its September peak of approximately $0.355 to the $0.13 region.
From a technical perspective, a particularly interesting situation has emerged, as several key support levels converge at the same price point:
It is evident from the chart that this region has previously functioned as a significant support and resistance level. Additionally, the daily EMA200 and the weekly EMA50 moving averages are located at this level, while the ascending trendline established since September also aligns here.
The convergence of these
However, what occurs if this support is lost
In such a scenario, a more cautious approach would be advisable, as the simultaneous loss of the $0.13 region, the moving averages, and the ascending trendline would constitute a significant negative technical signal.
Following such a breakdown, the price of $USELESS could potentially decline to levels around $0.07.
In the long term, the token continues to exhibit substantial potential; however, a further significant increase will first require the maintenance of current support and the reclamation of the $0.19 level.



