USELESS This wave of market movement is indeed a bit exciting. Six consecutive days of rise, with the price more than doubling. Such a rally is not uncommon in the crypto market, but it is enough to catch people's attention. This morning, a rebound occurred again, initially showing signs of a breakout, but ultimately encountering resistance at the previous high, with the rebound momentum clearly weakening.



From a technical perspective, this rebound has already reached the end of its strength. The price cannot break through the previous high, indicating that the bullish momentum is waning, and there are signals now pointing to a downward trend. In such cases, if a suitable entry point can be found, shorting might be a trading strategy worth considering.

Friends interested in this direction can pay attention to the subsequent price movements and consider participating when technical indicators confirm a reversal. Of course, any trading involves risks, and it is important to operate cautiously according to your own risk tolerance.
USELESS-1,87%
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GasFeeVictimvip
· 01-07 22:56
The phrase "at the end of a strong crossbow" is used perfectly. I am part of the group that ends up in such a position, haha.
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ImaginaryWhalevip
· 01-07 09:07
Here comes the same old trick to harvest the little guys. Why didn't I catch the double increase?
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HashBrowniesvip
· 01-06 07:41
The doubling rally is indeed exciting, but I think this rebound is just bluffing. It's the same technical analysis again; next time, believing me would be foolish. USELESS, I should have seen its true nature long ago. I predicted that the price would hit the previous high, and I was right. Speaking of which, we still need to be cautious; making money is quick, losing money is even faster. This rhythm feels off; I need to wait a bit longer.
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AirdropSkepticvip
· 01-05 04:54
Still want to short after doubling? That mindset is really hopeless --- Both technical and at the end of the strong bow, acting like it's a sure thing --- I just want to ask, how many times has the previous high been broken through? --- Rebounds are either weakening or not, let's wait until it drops to see --- Shorting is okay, but don't cry when you lose money, friends --- Can you trust technical analysis on this coin? Laughing to death --- Continuous sharp rises often signal a reversal, and this time it was right --- Let's wait and see, it's still too early to talk about a turning point --- We didn't catch the price doubling, and when the bears come, we shouldn't be throwing money in
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just_another_walletvip
· 01-05 04:53
Still want to short after doubling? This time you have to hit the limit-down to be satisfied.
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RektButStillHerevip
· 01-05 04:47
Doubled, do you still dare to short? I don't have that courage, or should I wait until the ones getting liquidated come out to talk?
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NFTRegrettervip
· 01-05 04:30
Doubling gains look great, but turning around to trap people—this wave of USELESS is really fierce --- Rebound momentum weakening? Been seen through long ago, just waiting for the slaughtering to come in --- Can it be shorted? Usually, this coin is all about inverse operations for big profits --- Hitting the previous high and cooling off—this is a common sight, it will eventually fall back --- Six days of doubling without breaking out indicates the top is just around the corner --- What’s the point of technical reversal? Just watch the show --- Risk warning is old news, but caution is indeed necessary, or it will be another bloodbath --- When the price cools off, you gotta run; don’t be greedy
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FomoAnxietyvip
· 01-05 04:27
Doubling and still want to short? You’ve got some guts. --- Another technical reversal, tired of hearing this excuse. --- Is it the end of a strong bow? I think it’s just the beginning of a strong bow haha. --- Talking about entry points is easy, but actually trading is all bloodshed. --- A ticket that doubles in 6 days, only a fool would chase it. --- I don’t know if it’s cold or not, but my account is definitely cold. --- Shorting, shorting. Why aren’t you so active when losing money? --- Why are you so confident? The next second, it reverses. --- Risk tolerance... with this amount of capital, I can’t handle much risk. --- I can tell it’s a rebound retreat, but can you stop using that word to scare people? --- The previous high was canceled, I really won’t chase this time. --- USELESS is a great name for this coin, my operations are pretty useless too.
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