Useless Coin (USELESS)
USELESS, a meme coin based on the Solana blockchain, deserves attention this week. In seven days, it has grown by 22%. USELESS has avoided the general market decline of recent weeks and reached an all-time high of $0.119 on June 21. Since then, the price of the meme coin has slightly decreased, but the daily chart shows that the bullish momentum remains.
The Balance of Power (BoP) indicator, which measures the strength of buyers and sellers, stands at 0.26. Positive BoP values indicate that buyers dominate the market, contributing to price increases. If the bulls maintain control, USELESS could surpass its all-time high. On the other hand, a decrease in buying pressure could lead to a drop to $0.092.