USELESS, BRETT and BONK rally early in 2026 but face reversal risks

USELESS, BRETT and BONK rally early in 2026 but face reversal risks — Assets.beincrypto.com
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Beincrypto reports that meme coins USELESS, BRETT and BONK led a strong start to 2026 with sharp gains but now face rising reversal risks.

Profit-taking pressure may test recent supports across top meme performers. USELESS rose 78% over four days to $0.1118, reclaimed the 50-day EMA as short-term support and could fall to $0.0950, with a deeper decline possible even without revisiting $0.0690; a sustained rally could challenge $0.1304 and then $0.1500. BRETT surged 45% over four days and traded near $0.0195 while confronting a resistance zone between $0.0203 and $0.0212 that has produced prior rejections; a retreat could reach $0.0183, while a breakout above $0.0212 might target $0.0224 and $0.0247. BONK climbed 23% in 24 hours (54% since the year began) to about $0.00001154, shows an RSI above the 70 overbought threshold, faces resistance at $0.00001216 and could drop below $0.00001103 to test $0.00001009, though continued demand could push it toward $0.00001353.

What happens next depends on whether buying sustains or selling intensifies; bullish continuation remains possible if momentum strengthens, but technical signals point to elevated downside risk after rapid rallies. In line with the Trust Project guidelines, this analysis is for informational purposes only and should not be considered financial or investment advice.


Key Topics

Crypto, Useless, Brett, Bonk, Relative Strength Index, Meme Coins