USELESS Coin: Will Bulls Break the Curse of $0.05?

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The weekend sun shone kindly on the crypto fields, and the harvest was green. Among the crops, the memecoins stood tall, their leaves rustling with the wind of speculation. Useless Coin [USELESS], a weed in the garden of finance, sprouted a staggering 30% in a single day. A miracle? Perhaps. Or just another day in the circus of digital currency.

This sudden growth thrust USELESS ahead of its more dignified peers in the top 500, leaving them to wonder if there was something in the soil they’d missed. Or perhaps it was just the manure of hype.

The trading volume, like a river swollen with rain, surged 243%, its volume-to-market-cap ratio puffing out to a hearty 69%. Liquidity, they say, is the lifeblood of the market. But in this case, it might just be the punchline.

What stirred this pot? Was it the whispers of whales, the rustle of wallets, or just the wind blowing through the empty halls of reason?

What Do the Metrics Say About Useless Coin?

The on-chain data tells a tale of two forces: the bulls, charging with wallets open, and the bears, retreating with pockets full. Yet, the bulls seemed to have the louder roar, their trades averaging over $20K, while the bears scurried with hundreds or a few thousand. Even a Solana [SOL] sage tossed $100K into the ring, as if blessing the chaos.

A $43K sale, like a single cloud on a sunny day, barely ruffled the price. The whales, it seems, were as indecisive as the rest of us, blowing hot and cold with equal fervor.

The Long/Short Ratio chart, a barometer of sentiment, jumped from 0.91 to 1.01, with Bybit leading the charge at 2.26. Binance and OKX followed, their ratios puffed up like pigeons in a park. Yet, Gate.io stood apart, its traders taking profits or trimming sails, its ratio a modest 0.625. A voice of reason in a sea of madness?

The bulls held the reins, but the bears on Gate.io lurked in the shadows, ready to pounce. A tale as old as the markets themselves.

Can Bulls Overcome the $0.05 Resistance Level?

On the charts, USELESS showed a spark of life, its momentum indicator creeping above the neutral line at 0.01. A flicker of hope after weeks of stagnation between $0.029 and $0.036. The Open Interest (OI) mirrored the price, climbing past $100 million as the coin faced its Goliath at $0.05.

Breaking past this level could open the gates to $0.07, a promised land of sorts. But the real test lay at $0.13, a daily resistance zone as stubborn as a mule, holding the price since mid-November.

To flip bullish on the long-term horizon, USELESS would need to rally another 168%. A Herculean task, requiring bulls to stay the course. Otherwise, it remains just another weed in the bear’s garden.

Final Summary

  • USELESS rallies 30% as whales dip their toes in the water. 
  • The $0.05 resistance looms like a toll booth on the road to $0.07. 

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2026-02-15 19:45