Useless Coin surges over 15% as crypto market broadly declines

  • Useless Coin rose more than 15% while most leading cryptocurrencies declined.
  • USELESS outperformed Bitcoin, Solana, Dogecoin and PEPE by up to 16.83%.
  • The token defended $0.20 support but faces resistance at $0.33.

Useless Coin [USELESS] rose more than 15% over 24 hours while all but Arbitrum [ARB] among the top 100 cryptocurrencies by market capitalization were in the red. The memecoin outpaced Bitcoin [BTC], Solana [SOL], Dogecoin [DOGE] and Pepe [PEPE] by 14.28%, 16.83%, 15.65% and 15.08%, respectively. Its move was supported by a breakout from a triangular consolidation pattern, with buyers defending the $0.20 demand zone. A green MACD and a CVD reading showing 11 million USELESS tokens bought during a four-hour Binance Futures session also indicated bullish activity. The token still faces resistance at $0.33 before it can challenge its all-time high of $0.4375. Trader positioning was mixed: selling accounts outnumbered buying accounts, while the capital committed by Top Traders favored long positions. USELESS therefore remains dependent on holding $0.20, with the analysis suggesting it could reach at least $0.33 if the current market structure remains intact.

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