Technical analysis by SatochiTrader about Symbol USELESS: Buy recommendation (17 hour ago)

SatochiTrader
تحلیل تکنیکال Useless Coin: آیا این ارز قفل مقاومت ۰.۴۰۷ دلاری را میشکند؟

📊 Useless Coin (USDT Pair) – 4H Chart Update Current Price: $0.3424 Change (Last 4H): +3.6% Volume: 456K The price is currently attempting to recover from a recent downtrend, showing some short-term strength as it moves upward from the local support area. 🔹 Support Level: $0.128 – This remains the key bottom support and has held firmly in the previous correction. 🔹 Immediate Resistance: $0.407 – This is the first resistance to watch; a confirmed breakout above could trigger further bullish momentum. 🔹 Next Target Zone: $0.520 – This would be the next major resistance area if volume continues building and the current trend holds. Market Structure: The structure is neutral to slightly bullish — the market is forming higher lows, suggesting buyers are gradually stepping in. However, there is still a lack of strong follow-through volume, which means the uptrend is not yet confirmed. Summary: Useless Coin shows early signs of a potential recovery with higher lows forming, but it remains in a consolidation phase. A close above $0.407 on strong volume would confirm a short-term bullish continuation toward the $0.52 level. Failure to hold above $0.30 could reopen the downside toward $0.20 or even $0.128.