$USELESS - Cup & Handle

is attempting to break out of a cup and handle formation, and the structure is starting to look constructive.

The key level here is 0.050. If price can reclaim and hold that level, then follow through with another higher low, that would confirm strength and shift short-term structure firmly bullish. Holding above former resistance and turning it into support is what keeps this setup valid.

If that plays out, the next logical magnet sits around the 0.060–0.070 zone, which aligns with the next major pivot and prior supply area. That’s where I’d expect the first real reaction.

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

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