- Useless Coin is trading at a price of $0.2369 which is 11.9% lower in 7 days, but the technical support of $0.2155 is still holding.
- The resistance at $0.2413 is continuing to limit the upward forces and the price action is seen to be trading within a very narrow range of a triangle pattern.
- Daily and weekly charts indicate a bullish pattern is still in place, with possible volatility after the diagonal resistance area is breached
USELESS Coin has registered a bullish formation on both daily and weekly charts despite recent market weakness. The coin is currently priced at $0.2369. The price has decreased by 11.9% over the past seven days. The coin is, however, still above a major support level, and there is potential for reversed movement if test points are achieved once again.
The graph illustrates a triangle consolidation pattern, in which price action is running into a declining diagonal line. Speculators are observing whether USELESS will break above this level, leaving the way open for new highs.
USELESS Holds Steady Within Tight Trading Range
USELESS is trading within a narrow band as August nears its close. The token’s 24-hour range highlights consolidation between $0.2155 and $0.2413. This range is critical because support at $0.2155 has held firmly, even during the recent pullback.
Notably, resistance at $0.2413 has repeatedly capped upward attempts, limiting short-term breakout potential. Meanwhile, the token maintains a relative pairing of 0.052128 BTC, reflecting an 8.1% performance shift. These metrics underline how the coin’s short-term movement remains compressed between tight boundaries.
USELESS Consolidates Within Symmetrical Triangle Pattern
On both weekly and daily timeframes, USELESS is forming a symmetrical triangle pattern. The descending diagonal acts as resistance, while horizontal support has proven resilient. The price remains near the upper boundary, showing pressure for a decisive move. Market volume has also slowed during this consolidation, suggesting traders are waiting for confirmation before positioning further. If the structure holds, momentum could build quickly once resistance levels are breached
Analysts highlight $0.2155 as a critical support area. This level has consistently prevented deeper losses, sustaining the token’s bullish outlook. In contrast, the immediate resistance lies at $0.2413, marking the threshold for a potential breakout. Price stability around this region remains crucial, as further rejection could extend consolidation into September. The tightening triangle structure suggests volatility is compressing, and any directional move may expand quickly once confirmed.
