Oh, the drama! In the last 24 hours, the soul of Useless Coin [USELESS] plummeted by over 12%, a tale of despair echoing through the crypto markets. The daily trading volume, once vibrant, now wanes, dropping 19% to a mere $28.56 million. 🚀💸
But lo! The memecoin, a poor soul, stood at a crossroads. Bulls, those valiant warriors, struggled to lift its price even after breaking free from the bear’s grip. What a tragicomedy! 🐺💥
Bulls break structure, but bears interfere
Since mid-October, the daily charts had been a grim tale of decline, with the price clinging to $0.45 like a drowning man. Yet, in the final week of November, the coin dared to break free, defying the downtrend. But alas, the bears, ever the villains, stood guard. 🐻❄️
The price now dances in a sideways waltz, a post-breakout consolidation. If only it could hold firm, the market might shift. But the bears, with their $0.1363 stronghold, are relentless. 🕊️
The MACD and CVD, those sly observers, reveal the eternal battle. Bulls dominate, yet the volume tells a different story-sellers reign supreme. A tale of two forces, forever at odds. 🧠
Over $3.85 million in short liquidations loom at $0.15, a trap for the unwary. The bears, ever cunning, defend $0.1363 to avoid a short squeeze. What a web of deceit! 🕷️
Meanwhile, buy orders at $0.098 and sell walls at $0.122 chain the price, a prisoner in its own range. What a cruel joke! 🐍
If the price follows the liquidity, it may head to $0.15-or crash below $0.11. A tale of uncertainty, much like life itself. 🌪️
USELESS Coin outflows surge
On the Solana blockchain, whales and “smart money” sold more than $233K, making it the third most-sold memecoin. PIPPIN and BONK led the exodus, a mass migration to safer shores. 🏴☠️
Traders, beware! The outflows and seller dominance may doom the breakout. A fitting end for a coin that never learned to rise. 🕯️
Final Thoughts
- The price fell by 12% due to whale exits and a shift from memecoins to safer assets. A tale of greed and panic. 🙃
- USELESS stood at a crossroads, a pawn in the bear market’s game. A tragedy of epic proportions. 🎭
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2025-12-05 21:21