Recent Catalysts, Meme Momentum & Market Sentiment
USELESS Coin is a Solana-based memecoin that launched via LetsBONK.fun and honestly, it’s become one of crypto’s most ridiculous yet weirdly successful stories of mid-2025. The whole joke is right there in the name—it’s literally useless. No roadmap, no utility, nothing. And yet, it’s managed to attract over 12,000 holders and pull in daily trading volumes of $20-30 million during its peak moments. The coin went from just a few cents back in June to nearly $0.33 at its high, driven mostly by community hype and some pretty big whale wallets jumping in. Those whales increased their bags by about 15% over a month during the June rally, which naturally got everyone else fired up with FOMO.
The momentum got another boost when major exchanges like Binance and Kraken listed it, and Coinbase even added it to their roadmap. That brought in massive volume spikes and some wild price action. But lately? Things have cooled off quite a bit. Early December 2025 saw some major holders bail out with around $233,000 worth of exits. Exchange reserves have dropped about 16% since October, and derivatives open interest is way down—basically showing that traders aren’t as interested in leveraging this thing anymore. The broader meme coin sector has lost steam too, and USELESS has dropped roughly 57% over the past month, even with a few volatile bounces here and there.
Chart-Based Indicators: Support, Resistance and Risk Zones
Right now, USELESS is trading around $0.0756, and the technical picture is pretty mixed. It’s sitting well below its 30-day moving average of about $0.106, which tells you the trend is still bearish. The 7-day RSI recently crashed to around 27.6—that’s oversold territory and actually the first time it’s been this low in months. Historically with memecoins, these oversold levels often lead to quick, sharp bounces. But the MACD is still negative (around -0.0159), which means downward momentum is still stronger than buying pressure at the moment.
There’s some decent support forming near $0.098—that’s where you see buy walls stacking up and where previous daily lows have held. On the resistance side, there’s a ceiling around $0.1226 (that’s the 23.6% Fibonacci level from recent highs), and then a stronger wall at $0.15 where shorts and sell orders have piled up during past rallies. If it somehow breaks above $0.15, you’d need either a major new catalyst or a fresh wave of meme madness to push it higher.
Volume & Whale Behavior as Momentum Barometers
Volume is really important here. With USELESS, the big volatile moves have usually come with spikes in trading activity—when volume surges, price tends to follow. But right now, the volume-to-market-cap ratio is pretty low, which doesn’t give much fuel for a real breakout. Whale activity has been all over the place too—they’ve gone back and forth between accumulating and selling off. That big December sell-off looks like profit-taking to me. Unless those whales start buying again in a serious way, any upward movement will probably be limited to small rallies rather than anything sustained.
Probable Price Paths & Scenarios Over Medium Term
Looking at the data and where indicators are sitting right now, here are two realistic scenarios for USELESS over the next month or two:
Bearish/Mixed Case: We might see a bounce from current levels back up toward that $0.098 support. But if that support fails to hold, we could easily see a drop down to the $0.065-$0.075 range, basically revisiting the lows from recent selloffs. Trading will stay choppy, and those resistance levels at $0.1226 and $0.15 will be tough to break through. Without some new catalyst—maybe another exchange listing, a social media frenzy, or a broader market shift—momentum will probably stay weak.
Bullish Case: If USELESS can find solid footing at $0.098 or below, and if momentum indicators start flipping (MACD going positive, RSI climbing back up), we could see a rebound toward $0.15. If it manages to break above $0.15 with strong volume and renewed social buzz, there’s potential for quick spikes up to $0.20 or even $0.30—similar to what happened after those earlier exchange listings. But keeping it above $0.20 would take a lot more than just speculative pumps. You’d need real buying interest and people actually holding instead of flipping for quick profits.
Final Insights: Why USELESS Remains a High-Risk, High-Volatility Play
At the end of the day, USELESS is basically an experiment in how far you can ride a narrative. The whole point is that it has no point—and somehow that’s become its appeal. But that also makes it incredibly volatile, speculative, and fragile. The risks are real: top wallets control over 50% of the supply, leverage and open interest are declining, order books are thin, and price action is driven more by retail FOMO than anything fundamental. Indicators are showing oversold conditions which might offer short-term bounce opportunities for traders, but without a fresh catalyst, it’s tough to see how it pushes past those resistance levels. If you’re a speculative trader looking for volatility, USELESS might give you some interesting plays. But if you’re more conservative, this is basically a lottery ticket in the wild world of memecoins.
