Useless Coin (USELESS) rose 13.86% to $0.1703, with trading volume surging 138% to $67 million, mainly due to Whales increasing their holdings by 37 million Tokens and a positive trading spread of 5.2 million Tokens. However, the sentiment in the futures market remains bearish, with the Long-Short Ratio at 0.92, short positions dominating at 52%, while the RSI at 44 and other technical indicators are still in the bearish zone, indicating potential resistance level at $0.18 and support level at $0.14.
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Useless Coin (USELESS) rose 13.86% to $0.1703, with trading volume surging 138% to $67 million, mainly due to Whales increasing their holdings by 37 million Tokens and a positive trading spread of 5.2 million Tokens. However, the sentiment in the futures market remains bearish, with the Long-Short Ratio at 0.92, short positions dominating at 52%, while the RSI at 44 and other technical indicators are still in the bearish zone, indicating potential resistance level at $0.18 and support level at $0.14.