$USELESS Soars 10% as Bulls Gain Confidence
$USELESS has been making waves in the crypto market, respecting one of its most closely watched technical levels after bouncing from the Fibonacci golden zone. This move has resulted in a 10% surge in the past 24 hours, outperforming other memecoins and keeping the price above its key exponential moving averages (EMAs). The token's social volume has climbed to its highest level this week, indicating growing attention from the crypto community.
According to Santiment, the token's on-chain and derivatives data favor the bulls, with a surging social volume and Funding Rate reaching weekly highs. This alignment depicts a growing confidence behind the ongoing trend. The liquidity cluster around $0.36 presents the next major area of interest, as network buyers and holders wonder where the price could head next.
The long-term market structure remains constructive as long as the $USELESS buyers defend the recent breakout. Holding above the key EMAs, combined with rising social engagement and stronger Funding Rates, suggests bullish sentiment is continuing to build. If these conditions persist, the liquidity cluster at $0.36 could become the market's next destination before traders begin evaluating higher resistance levels.