Can USELESS Go Up Again? Analyzing Charts with Bitrue

USELESS Coin (USELESS) has quickly become one of 2025’s most talked-about meme assets, defying expectations with massive percentage gains and a staggering wave of market attention. 

Initially dismissed as a speculative play, the coin’s recent price rally has caught traders, analysts, and even institutions by surprise. The central question now is whether this rally can continue or if USELESS is heading toward a typical meme coin correction.

Using Bitrue’s price data and chart indicators, this analysis explores the underlying momentum behind USELESS’s rally, whale accumulation trends, and potential support and resistance levels that could define its next move.

USELESS Price Overview: Momentum and Liquidity Surge

The USELESS token is trading close to its all-time high of $0.4051, reflecting a 49% increase in the last seven days and a 12.8% rise over 24 hours. This kind of explosive growth is often seen during the peak of hype cycles, yet the data shows that volume and liquidity continue to support the move.

Over $44 million in daily trading volume signals strong engagement from both retail and institutional players. Liquidity is deep on decentralized exchanges, particularly within the Solana ecosystem, where USELESS operates. 

With nearly 1 billion tokens circulating equal to the total supply investors face no risk of sudden token unlocks or dilution events, which makes the asset structure relatively stable despite its meme-driven narrative.

However, traders should remain cautious. When a coin trades near its historical high, psychological resistance levels often trigger profit-taking. Maintaining strong volume is key to breaking through these zones and sustaining higher valuations.

Read Also: USELESS Coin Price Prediction 2025–2050 Explained

Technical Chart Analysis: Key Levels and Market Structure

Chart readings from Bitrue and TradingView show that USELESS has moved parabolically since its low of $0.0052, reaching a near 7,700% gain in just two months. Such rapid ascents usually follow speculative demand waves and can become unstable if sentiment fades.

From a structural standpoint, the coin currently consolidates beneath the $0.41 resistance mark, with buyers attempting to reclaim upward momentum. If this consolidation holds, it could serve as a base for another breakout attempt.

Key Technical Observations:

• Support Zone: The $0.20–$0.24 range has historically shown strong accumulation, with multiple bounce patterns forming around these levels.

• Resistance Zone: The $0.40–$0.41 area remains the main obstacle for bulls, as heavy sell orders and short-term traders tend to dominate near ATH levels.

• Volume Trends: Sustained volume above $40 million daily is an encouraging sign of trader participation, but watch for sharp declines that may indicate weakening interest.

• Momentum Indicators: The MACD and On-Balance Volume (OBV) are showing early signs of flattening, suggesting consolidation rather than immediate continuation.

In short, USELESS remains in a bullish phase but is vulnerable to short-term corrections. If support holds and the next breakout is confirmed with rising volume, the coin could chart another upward trajectory toward new highs.

Read Also: Is USELESS Still Worth It? Analysing the Market Movement

On-Chain Data: Whale Accumulation and Retail Expansion

Beyond traditional charting, on-chain metrics tell a complementary story about USELESS’s potential path forward.

Whale and Institutional Accumulation

Blockchain tracking tools reveal that large holders have been accumulating roughly $17 million worth of USELESS, while institutions such as Wintermute and Hyperliquid have added $56.3 million in positions. 

This signals confidence from experienced market participants who typically accumulate before major moves.

Retail Holder Growth

The number of unique wallets holding USELESS has increased by 2.63% in a single week, now exceeding 32,000 addresses. This sharp rise in holders demonstrates renewed social hype and strong grassroots interest, often characteristic of meme coin cycles.

Support and Volume Correlation

Price behavior around $0.22 has shown recurring buy pressure. The repeated defense of this level, coupled with increasing exchange inflows, implies that traders are positioning for potential rebounds at this price point.

Trading Volume and Market Behavior

Despite increasing activity, USELESS remains a high-volatility token, meaning even small shifts in sentiment can lead to large price swings. 

Its correlation with Solana-based meme coins also suggests that broader ecosystem sentiment will play a role in determining future price movement.

Sentiment Indicators

Social and on-chain sentiment currently lean positive, with multiple analysts on X (formerly Twitter) labeling USELESS as a potential “second wave” meme play. Yet, such optimism can quickly reverse if Bitcoin’s macro trend weakens or if hype transitions toward new tokens.

Read Also: The Useless Coin (USELESS) Roadmap: A Satirical Journey to Nowhere

Can USELESS Go Up Again? A Multi-Factor Outlook

1. Price Prediction Range

If bullish momentum continues, USELESS could retest its previous high of $0.41, and potentially move into the $0.45–$0.48 range. However, any drop below $0.20 could open the door to deeper corrections, possibly back to $0.15.

2. Key Drivers for Price Movement

• Whale and institutional accumulation patterns

• Broader Solana market strength and network activity

• Viral sentiment from the meme coin sector

• Consistent trading volume and liquidity inflow

3. Support and Resistance Levels

• Support Levels: $0.20–$0.24 (strong floor of buying interest)

• Resistance Levels: $0.40–$0.41 (near-term), $0.48 (extension target)

The coin’s next direction hinges on whether buyers can maintain pressure near resistance. If volume spikes again with positive on-chain data, the upward trend could resume. Otherwise, a temporary cooling-off period is likely.

4. Market Context

USELESS currently outperforms much of the Solana meme ecosystem and has drawn attention from cross-chain traders shifting from Ethereum and Base-based tokens. 

Such migration can amplify short-term demand, but sustaining growth requires ongoing liquidity and engagement from large players.

5. Risk Assessment

Despite optimism, traders must remember that USELESS remains a speculative asset with limited utility. Extreme volatility means potential for both rapid profits and steep losses. Hence, using stop-loss strategies and monitoring Bitrue’s real-time analytics is crucial for managing exposure.

Read Also: Useless Coin (USELESS): Zero Purpose, 100% Useless

Conclusion

USELESS Coin has demonstrated that meme coins, despite their playful branding, can still attract serious capital and trading activity. The combination of whale accumulation, expanding retail participation, and strong technical structure suggests that another upside attempt is possible.

Yet, sustainability will depend on how long market excitement and liquidity persist. As with most meme assets, the rally could end abruptly once sentiment cools. Traders should therefore balance enthusiasm with discipline analyzing both technical and on-chain trends before entering positions.

For those following USELESS, Bitrue’s charting tools and market analysis dashboards offer a comprehensive view of support zones, resistance markers, and live trading volume to guide informed decision-making.

Start tracking and trading USELESS on Bitrue today to stay ahead of every market move.

FAQ

What is the current price of USELESS Coin?

USELESS is trading around $0.40, hovering just below its recent all-time high.

Can USELESS reach new highs soon?

If momentum continues and whale buying persists, USELESS could retest or surpass the $0.41 resistance in the near term.

What factors influence USELESS’s price movement?

Whale accumulation, Solana ecosystem trends, trading volume, and social sentiment all play major roles.

Is USELESS a safe investment?

As a meme coin, USELESS is high-risk and speculative, so investors should manage risk carefully and conduct research.

Where can I analyze or trade USELESS Coin?

You can monitor live charts, volume trends, and technical data for USELESS directly on Bitrue, a trusted crypto exchange platform.

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