$USELESS has risen 18% over the 4-hour cycle, definitely attracting a lot of attention. But a closer look at the chart reveals that things are not that simple.
Trading volume plummeted by 92.5%—this number is very eye-catching. On the 4-hour chart, the RSI approaching overbought does seem strong, but once you switch to the 1-hour and 15-minute charts, you'll see that the price has already flattened out. This is a classic case of stagnation, simply put, the main force pushed the price up but no one followed. A coin called "Useless," the market might really be honestly warning everyone.
What’s even more deadly? The overall market sentiment hasn't truly warmed up yet. This pattern of shrinking volume and rising price in MEME coins is often the last frenzy before the main players start to offload. Most participants end up becoming liquidity.
Of course, I’m not 100% certain. If it can break through the previous high with volume, proving I was overthinking, then that’s another story. But at this stage, my advice is to stay on the sidelines.
**Trading strategy**: - Temporarily avoid the game of shrinking volume and rising prices - If it can hold steady above 0.085 USDT after a surge, consider watching again - Falling below 0.075 USDT basically confirms weakness
This is just my personal analysis and approach; risk is on your own.
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TheEveningBreezeBlows.
· 1h ago
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ShibaMillionairen't
· 3h ago
The pattern of increasing volume to push prices up is so familiar to me; I'm just waiting for the moment to harvest the chives.
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DefiSecurityGuard
· 7h ago
volume collapse 92.5%? classic honeypot setup, seen this exact exploit vector 47 times this month alone. not financial advice, but your liquidity's basically trapped here ngl
Reply0
MentalWealthHarvester
· 7h ago
Raising prices with low volume is just that simple trick; do they really think retail investors are just leeks?
View OriginalReply0
WalletDoomsDay
· 7h ago
The tactic of increasing volume to push prices up is something I've seen too many times; the main players just love to play this hand.
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ShortingEnthusiast
· 7h ago
Trading volume drops 92.5% and still dares to rise, this is clearly the main force's final madness.
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ForkItAll
· 7h ago
Volume decreased by 92.5%. Still trying to fool me into buying? The main force's tricks are played out; just watch and wait.
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FloorPriceNightmare
· 7h ago
Raising prices with lower volume, the main force's final celebration before dumping, this trick is way too old.
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StablecoinSkeptic
· 7h ago
92.5% of trading volume plummeted; where's the rise? Clearly, it's just the main force cutting leeks.
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The name "Useless Coin" is really clever; the market chart is very clear.
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It's another case of shrinking volume with a single surge, old tricks. I've seen too many such scams.
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Don't just look at the 4-hour chart; switch to the 15-minute chart and you'll see what kind of game this is.
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So the core issue is lack of volume; any rise without volume is fake.
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If you really want to participate, wait until it breaks below 0.075. Entering now is just throwing money away.
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The term "stagnant growth" is well used here, perfectly describing the current state of this dead coin.
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I bet 5 USDT that the next rebound won't break 0.085.
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The last frenzy before the main force offloads; I believe this statement.
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Don't try to catch these MEME coin dumps if the market isn't showing signs of improvement.
$USELESS has risen 18% over the 4-hour cycle, definitely attracting a lot of attention. But a closer look at the chart reveals that things are not that simple.
Trading volume plummeted by 92.5%—this number is very eye-catching. On the 4-hour chart, the RSI approaching overbought does seem strong, but once you switch to the 1-hour and 15-minute charts, you'll see that the price has already flattened out. This is a classic case of stagnation, simply put, the main force pushed the price up but no one followed. A coin called "Useless," the market might really be honestly warning everyone.
What’s even more deadly? The overall market sentiment hasn't truly warmed up yet. This pattern of shrinking volume and rising price in MEME coins is often the last frenzy before the main players start to offload. Most participants end up becoming liquidity.
Of course, I’m not 100% certain. If it can break through the previous high with volume, proving I was overthinking, then that’s another story. But at this stage, my advice is to stay on the sidelines.
**Trading strategy**:
- Temporarily avoid the game of shrinking volume and rising prices
- If it can hold steady above 0.085 USDT after a surge, consider watching again
- Falling below 0.075 USDT basically confirms weakness
This is just my personal analysis and approach; risk is on your own.