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Hxlaw
Hxlaw
$USELESS USELESSUSDT is giving a fairly positive recovery signal on the 4H frame after bottoming around the 0.0536 area. The price now bounces strongly to 0.0629 and closes the candle above the short-term MA cluster (MA5/10/20), indicating that the buying force has returned significantly. Notably, MA60 is around 0.0625 and the price has just broken out of this resistance area. If it stays above 0.0620 in the next few candles, it is highly likely that USELESS will continue to test the strong resistance area of 0.0650 - 0.0680. Volume also gradually improved, confirming that the cash flow was participating again. The reasonable strategy is to buy when the price retests the area of 0.0615 - 0.0620 and holds the support. The short-term target is towards 0.0655 and then 0.0680. In the bad case, if it breaks 0.0590, the short-term uptrend may be broken, requiring strict risk management. Currently, the price structure is leaning towards the bullish side, suitable for short-term surfing betting if Bitcoin remains stable.

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