Recent Context & Market Sentiment
Useless Coin (ticker: USELESS) has become quite the phenomenon in the memecoin world—it’s a Solana-based token that literally celebrates having no practical use whatsoever. Launched back in May 2025 on the LetsBONK.fun platform, it’s built up a passionate community that appreciates the sheer irony and meme appeal rather than any real-world functionality. The early price jumps were fueled by pure speculation and community buzz, much like we’ve seen with other wildly popular meme tokens.
That said, things have cooled off quite a bit since USELESS hit its peak around $0.4375 back in mid-October 2025. Right now, it’s trading more than 70% below that high, weighed down by weaker market conditions and selling pressure across the board. While we’re still seeing some whale activity and retail traders poking around, there’s definitely a cloud of uncertainty hanging over the token—people are nervous about further drops and those tough resistance levels overhead.
Technical Indicators & Key Price Levels
Looking at the charts, USELESS/USDT is hovering in the $0.11–$0.12 range right now, sitting just below $0.11579. Interestingly, most of the daily moving averages—your MA5 through MA50—are flashing buy signals. Short-term momentum indicators like the Stochastic, Williams %R, and CCI are showing bullish or even overbought readings, which hints at some near-term strength. But here’s the catch: those longer-term moving averages, especially the 100-day and 200-day ones, are still acting as stubborn resistance walls.
When it comes to support and resistance, there’s a pretty solid floor around $0.10–$0.106, where the price and moving averages have been meeting up. On the flip side, resistance is layered—there’s immediate pushback around $0.12–$0.13, and a bigger hurdle sits near $0.16–$0.17, leftovers from earlier highs. The RSI is sitting in the mid-range around 50-55, meaning there’s wiggle room for the price to move either way depending on which side wins the tug-of-war.
Mood of the Volume & Derivatives Markets
Trading volume has been spotty—we see little spikes here and there, usually when something goes viral on social media or a new exchange picks up the token. On-chain data shows some bigger players quietly accumulating, though it’s not quite a consistent trend yet. Over in the derivatives markets, things look a bit gloomier: short positions are running relatively high, which tells us traders are either hedging their bets or outright expecting more downside. This push-and-pull between spot accumulation and derivatives pessimism often sets the stage for some wild price swings.
Price Prediction Scenarios for Q1–Q2 2026
Let’s walk through three potential scenarios for where USELESS might head over the next few months. These are based on current technicals and market vibes, assuming no major black swan events—though with crypto, you never really know.
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Base Case (Modest Bullish Continuation):
If that $0.10–$0.106 support level holds firm and we start seeing more volume come in, USELESS could push past the $0.13 barrier. Once it breaks through cleanly, we might see a run toward $0.17–$0.20 by the middle of 2026. This would need some fuel—think viral social media moments, fresh exchange listings, or whales stepping in. -
Bearish Risk Scenario:
Now, if that $0.10 support cracks—maybe from a broader memecoin selloff or just weak market conditions—we could see USELESS drop down to the $0.07–$0.09 range. At those levels, panic selling becomes a real risk, and climbing back to $0.13 would be an uphill battle without some serious new interest or positive catalysts. -
Breakout/Greed-Driven Upside:
In a more optimistic scenario—sparked by something like a major exchange listing or a meme going absolutely viral—USELESS could target $0.20–$0.25. Pushing beyond that toward $0.30+ would take exceptional momentum: we’re talking breaking above that 200-day MA, RSI staying strong above 60, and serious volume flooding in from social amplification.
What Traders Should Watch Next
If you’re trading this volatile beast, here are four things to keep your eyes glued to:
- Whether that $0.10–$0.106 support holds—if it breaks cleanly, we could see a quick unwind to the downside.
- Volume trends—real buying interest shows up as higher volume on rallies; low volume rallies tend to fizzle out fast.
- How price interacts with the 100-day and 200-day moving averages. Closing above those lines often shifts the mood from cautious to optimistic pretty quickly.
- Derivatives positioning—the balance between shorts and longs can tell you a lot. A surge in shorts near resistance often signals an incoming pullback, unless there’s heavy accumulation to counteract it.
Final Insight
With USELESS sitting around $0.1158, the technical picture leans slightly bullish in the short run, though it gets murkier further out. Breaking through that tight resistance near $0.13 is crucial for any sustainable rally, but at least there’s a decent floor around $0.10 providing some cushion. For the degen traders and memecoin fans out there, a move to $0.17–$0.20 isn’t out of the question if momentum picks up. If you’re more conservative, it might make sense to wait for a confirmed close above $0.12 before jumping in—there’s definitely upside potential here, but the risk is still pretty high until we see a real shift in overall sentiment.
