The memecoin Useless Coin rallied 300% in a week, hitting a 10-month high of $0.286 on September 4th. The token gained 5,000 new holders and saw intense buying pressure, with the Chaikin Money Flow at +0.36, its highest level ever recorded on Kraken. Despite this spectacular rally, the price dropped 12.1% in the last 24 hours and Open Interest fell 20%, signaling a potential pullback. Key support levels to watch on a retracement are $0.213 and $0.176, while the $0.131 level represents a potential buying opportunity.
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