The momentum has declined 📊 USELESS / USDT — Price Action Update$USELESS
The price showed a sharp rejection from the 0.130 level, followed by a quiet correction toward the middle (Mid Bollinger Band). Momentum has declined, but the price structure remains intact.
🔹 Support Levels:
0.1190 – 0.1180 → MB + Short-term demand
0.1115 – 0.1105 → Bottom of the range
🔹 Resistance Levels:
0.1255
0.1300 – 0.1305 → Recent high / Area of supply
🔹 Bias:
Neutral → Positive as long as price remains above 0.118
📈 Bullish Scenario:
Clear consolidation and a rebound above 0.122 could trigger a retest of 0.125 – 0.13
📉 Bearish Scenario:
Break below 0.118 opens the door for a deeper correction toward 0.112
🎯 Trading Idea:
Scalp long after confirmation above 0.122
Avoid chasing below 0.118 (risk of range reversal downward)
📌 Not financial advice — Risk management first.
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