Technical analysis by mehrdad1476 about Symbol USELESS on 10/14/2025

Price action is currently holding above the midline of the secondary descending channel, signaling early signs of bullish momentum. Sustained consolidation above this level would confirm a potential structural shift, opening the way for a move toward the upper boundary of the channel. If buyers maintain control and volume supports the breakout, the next key resistance and target area align with the channel’s upper trendline. Conversely, failure to hold above the midline could trigger a short-term pullback toward the lower zone of the structure