Meme coins crushed it in early 2026. USELESS jumped 78%. BRETT gained 45%. BONK surged 54% in just 24 hours.
But here’s the problem. These gains came too fast. Now technical indicators flash warning signs across all three tokens. Plus, profit-taking pressure builds as early buyers cash out.
Let’s break down what happens next for each of these high-flyers.
USELESS Tests New Resistance After 78% Rally
USELESS exploded from the gate this year. The token climbed from $0.0628 to $0.1118 in just four days. That’s the kind of move that gets attention and triggers FOMO buying.
The rally pushed USELESS above its 50-day exponential moving average. That’s typically a bullish signal. It suggests near-term momentum favors buyers over sellers.
However, meme coins rarely sustain vertical moves. Sharp rallies attract early investors looking to lock in gains. When that selling hits, prices can drop just as fast as they rose.
The first support sits at $0.0950. If profit-taking accelerates, USELESS could test that level this week. Losing $0.0950 might trigger a deeper pullback toward $0.0690, though that scenario remains less likely unless panic selling develops.
Bulls still have a path forward. Holding above $0.1000 keeps the uptrend intact. Moreover, breaking through $0.1304 resistance could open a run toward $0.1500. That outcome requires continued conviction from holders who bought near current levels.
The key question: Can USELESS maintain momentum without a healthy correction?
BRETT Faces Historical Rejection Zone
BRETT’s 45% gain this week pushed the token to $0.0195. Now it confronts a critical resistance zone between $0.0203 and $0.0212. This range has repeatedly stopped BRETT rallies in the past.
Technical patterns matter in crypto. When price reaches a level that previously triggered selling, traders watch closely. So far, BRETT shows signs of hesitation near $0.0203.
History suggests caution here. BRETT failed to break above $0.0212 multiple times in prior rallies. Each attempt ended with a reversal that sent the token lower. Without stronger buying pressure, this pattern could repeat.
A rejection would likely send BRETT back to $0.0183 support. That level represents the first major floor below current prices. Buyers may attempt to defend it, but success isn’t guaranteed after such a rapid advance.
Alternatively, bulls could surprise the market. Breaking cleanly above $0.0212 would signal genuine strength. That move could carry BRETT to $0.0224 and potentially $0.0247 if momentum persists.
The next 48 hours matter. Either BRETT powers through resistance or sellers take control again.
BONK Screams Overbought on RSI
BONK delivered the most dramatic move of the three. A 23% gain in 24 hours extended the weekly advance to 54%. The token now trades at $0.00001154, well above its recent range.
But here’s the issue. BONK’s Relative Strength Index crossed above 70, entering overbought territory. This indicator measures buying and selling pressure. Readings above 70 suggest an asset may have risen too far, too fast.
Overbought conditions don’t guarantee immediate reversals. Assets can remain overbought during strong trends. Yet they do increase reversal risk, especially for volatile meme coins.
BONK faces resistance at $0.00001216. Breaking above this level requires sustained demand from new buyers. Without that support, profit-taking could push BONK below $0.00001103. Continued weakness might test $0.00001009 support.
Bulls can still prevail. If investors hold rather than sell, BONK could break $0.00001216 and target $0.00001353. The challenge lies in maintaining conviction after such rapid gains.
So the question becomes: Will BONK buyers take profits or push higher?
Why Meme Coin Rallies Often Reverse
These three tokens share common characteristics. All posted impressive gains in a short window. All face technical resistance or overbought signals. All depend on sustained speculative interest to continue rallying.
Meme coins lack fundamental value drivers. They rise and fall based on sentiment, social media hype, and momentum trading. When gains come this quickly, early investors naturally look to secure profits.
That selling pressure often overwhelms new buying interest. The result? Sharp reversals that catch late entrants off guard. It’s a pattern that repeats across crypto market cycles.
None of this guarantees immediate declines. USELESS, BRETT, and BONK could break through their respective resistance levels. But the technical setup favors caution over aggressive buying here.
The Real Risk Nobody Mentions
Here’s what bothers me about these rallies. New investors see 50-80% gains and assume the trend continues indefinitely. They pile in at peak prices, just as selling pressure builds.
Meme coins reward early buyers and punish late arrivals. That’s not opinion. It’s observable pattern across hundreds of tokens. The faster the rally, the sharper the eventual correction.
So if you’re watching these three tokens, pay attention to volume. Declining volume during price advances signals weakening momentum. It often precedes reversals.
Also watch Bitcoin. Meme coins typically follow broader market trends. If Bitcoin pulls back, these tokens will likely fall harder. That’s the risk of trading high-volatility assets in a risk-on environment.
Trade these meme coins if you want. Just understand what you’re getting into. The same momentum that drove 50-80% gains can reverse just as quickly. When it does, support levels break fast.