Bonk Guy: USELESS forms a one-year cup and handle pattern, potentially becoming the most promising meme coin of this cycle.

Well-known trader Bonk Guy posted that USELESS is currently in a "very strong" trend and has formed a large-scale cup and handle pattern over the past year. A similar pattern was previously observed on BONK; after BONK broke out of this pattern in late 2023, its price surged by over 1600% within several weeks. USELESS is his most favored meme coin at present, and he believes it could be one of the first meme coins in this cycle to reach a $10 billion market cap. He advises comparing USELESS’s current price action to BONK’s trend between January and November 2023. Currently, USELESS’s technical pattern closely resembles BONK’s earlier trajectory, and he notes that a breakout from this pattern could trigger a substantial price rally, adding that market participants may not be fully prepared for the subsequent move.