The author expresses a highly bullish sentiment on $USELESS, noting its price resilience and yearly highs against other memecoins like $DOGE, $PEPE, $PENGU, $WIF, and $FARTCOIN. While assets such as $BTC, $ETH, $SOL, and $MSTR have recently hit multi-month lows, $USELESS is trading above its May 31st close with high relative open interest and volume. Technical analysis of the provided weekly chart suggests a "coiled" formation, with the author predicting a violent parabolic breakout for the asset.