Technical analysis by The_Alchemist_Trader_ about Symbol USELESS: Sell recommendation (11/2/2025)

Useless Token has remained in a steady corrective phase since forming its swing high at $0.41, with sellers maintaining control of short-term momentum. The token is now trading directly on support around $0.22, a level that has previously acted as a critical inflection point for price stability. Despite holding this support for now, market weakness remains evident, and the lack of strong bullish reaction increases the probability of a deeper corrective move toward lower price zones — most notably the $0.14 region, which aligns with prior structural support. Key Points: - Swing High: Correction initiated after rejection from $0.41. - Current Support: Price holding at $0.22, though momentum remains weak. - Downside Risk: Extended weakness could target the $0.14 support zone. From a technical perspective, the market shows no confirmation of reversal yet, with volume and structure still favoring sellers. What to Expect: If $0.22 fails to hold, expect Useless Token to extend its decline toward $0.14. A strong reclaim above local resistance would be required to shift bias back toward a potential recovery.