USELESS: New Wallet Buys 6.64M at $0.34
USELESS sees new wallet (7LK2oT) spend 2.28M USDC for 6.64M tokens at $0.34; 4h chart shows bullish EMA structure with overbought RSI.
SourceAnalysis
USELESS drew fresh accumulation as a newly created wallet (7LK2oT) spent 2.28M USDC to acquire 6.64M tokens at $0.34 seven hours ago, according to LookOnChain data.
With price testing upper Bollinger resistance ($0.34) while RSI flashes overbought (70.7), a healthy retracement to the 50-EMA support at $0.27 seems probable before further continuation. The move reinforces ongoing USELESS price prediction narratives and highlights large wallet buys meme coin patterns that often precede volatility spikes in on-chain wallet activity tracking.
Lookonchain
@lookonchainLooking for smartmoney onchain