2026-01-06 12:23:51

USELESS The recent trend has indeed been fierce. After starting from the bottom at $0.11013, the price surged by over 100% in these 7 days, reaching 103.28%. Many investors who entered early have already enjoyed the benefits of this rally. After a two-day market correction, funds began to flood back in, and the price quickly broke through to $0.12727, hitting a new high. Although there was a slight pullback to $0.12644, the daily increase remains stable at 14.20%.

In terms of volume, the 24-hour trading volume exceeded 31.88 million USDT, with a single-day trading volume of 271 million. This surge in volume clearly indicates that large funds are continuously entering the market. The previous period of consolidation was actually a buildup, equivalent to charging for this explosive move. From a 30-day perspective, the increase has already reached 21.93%, making the medium-term trend particularly clear.

Regarding how to operate, my thoughts are as follows:

The current position is a bit high; chasing the top is not very wise. It’s better to wait for the price to retrace to the $0.1220-$0.1250 range, using a small position to test the waters, and take the recently formed support level as an entry anchor. This approach is much safer.

After entering, how to exit? The first target is aligned with $0.1270. If reached, you can take some profits and reduce your position. The second target is around $0.1300. If the previous high of $0.12727 is fully broken, there’s a chance to try for $0.1320.

The risk defense line is set at $0.1200. Once this level is broken, it indicates that the short-term upward momentum has weakened, and the bullish logic needs to be reassessed.

My personal view is that this doubling trend is fundamentally driven by capital, and the medium-term pattern is relatively healthy. As long as we hold the $0.1200 line, the bullish logic remains valid. Conversely, friends who want to short should really avoid this stage. For such a coin that doubles in value, contrarian operations will only be crushed by the market. Long-term holders should be patient, wait for a retracement to the $0.1220-$0.1250 zone to buy low, and only then can profits be more safely pocketed.

USELESS-3.5%

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DisillusiionOracle

· 01-06 20:32

Oh my, it's another double-up coin. This time, it's not a rug pull, right? Wait, this amount of data is really impressive, but I still can't trust it. I think it's very unlikely to retrace from the 0.12 level; the funds have already been exhausted. Shorting is indeed not recommended, but don't be too greedy when going long. If it drops below 0.12, I'll just sell. Anyway, take profits when the time is right.

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GovernancePretender

· 01-06 12:43

Don't even think about shorting cryptocurrencies at doubling levels; you'll get crushed to pieces and won't even know how you died.

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CoconutWaterBoy

· 01-06 12:39

Wait, can this coin really hold 0.12? It seems like it might drop sharply. --- I've seen through the tricks of 100x coins a long time ago; chasing high just makes you the bag holder. --- Wow, such a strong increase. It's really brave to buy in now. --- I'm watching the 0.122-0.125 range too, just worried that the rebound won't give us a chance. --- That's right, shorting a doubling coin is really asking for trouble. --- Breaking below 0.12 is a signal, and this judgment is reliable. --- The question is whether it will retrace to that price level; it seems like it might go straight to 0.15. --- Coins driven by capital, how to exit later is a problem. --- If this wave can't hold the support level, the previous gains will be wiped out immediately. --- Trying with a small position is okay, but I trust this coin's continuation even less.

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ForeverBuyingDips

· 01-06 12:35

Always trying to catch the bottom? The name is spot on, I really like the straightforwardness of this kind of player. By the way, USELESS is indeed quite aggressive, but I have to say, jumping in now really feels like taking a sucker's position. Maybe wait for a pullback first. I agree with the idea of testing this approach with Xiao Cang; around $0.1220 is indeed a good entry point.

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CryptoNomics

· 01-06 12:32

actually, if you run a basic stochastic regression on the volume data here, the correlation matrix breaks down pretty fast. this 103% pump screams pump-and-dump mechanics, not fundamentals.

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GweiWatcher