$USELESS just saw a long liquidation of $3.526K at $0.05119. This means traders who were buying with leverage got forced out after a sharp drop. When long liquidations happen, price often dips fast because positions are closed automatically, creating extra selling pressure. It also clears weak hands from the market.
Now the important support zone to watch is around $0.047–$0.049. If price stabilizes there with steady volume, it could act as a possible buy zone. If recovery begins, first target may be $0.055, and next resistance could be near $0.060. A safe stop loss can be placed below $0.044 to manage risk. Always trade with discipline and protect your capital.