USELESS Analysis: The price has reached critical support levels. 🕯️…

$USELESS Analysis: The price has reached critical support levels. 🕯️

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:
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➖$0.13–$0.14: The primary support zone
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.
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The convergence of these
4️⃣ technical factors renders the current level particularly significant. If support is maintained from this point and a strong rebound occurs, it will reinforce the long-term bullish structure. 📈

➡️ If support is successfully held, the initial focus should be on the recovery of the region around $0.19. In the longer term, the $0.35 level and the all-time high region between $0.44 and $0.45 remain the most significant resistance levels.

However, what occurs if this support is lost
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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.
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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.
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November 9, 2026 15