$USELESS Keep an eye on a short-term long opportunity.



The market is currently extremely oversold, and there are signs at the bottom of rejecting new lows. Before the bears fully push, there could be a quick oversold bounce. For entry, watch the 0.06113 - 0.0627 range. For upside targets, first look at 0.06529, then 0.06799. Place the defense level at 0.05868.

But watch the risk: the broader downtrend is still very strong. This is only a contrarian short-term trade. Don’t go all-in—control your position size based on your own account. Also, $ESPORTS and $SKHYNIX can be followed as well; they also look close to hitting their targets.
USELESS-13.13%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned