The analyst remains strongly bullish on USELESS coin, despite a 45% correction from its $420 million ATH, bouncing at strong support around $230 million market cap. They see this pullback as healthy, attracting sidelined whales and potentially leading to CEX listings. The chart of FARTCOIN is highlighted as an "uncannily chilling" historical parallel, suggesting USELESS coin could follow a similar path to multi-billion dollar market caps after consolidating around the $200-$300 million range.