$1INCH
1INCH
0.1875
-1.73%
BULLISH CONSOLIDATION ANALYSIS
$1INCH is showing mild bullish momentum as price holds above key support around $0.2100–$0.2120. The formation of higher lows and steady buying interest indicates potential continuation toward upper resistance levels.
Technical Outlook:
Trend: Bullish continuation forming after support confirmation
Structure: Higher lows with upward momentum; potential breakout above $0.2160
Indicators: RSI trending upward; MACD signaling bullish alignment
Targets (TP):
TP1: $0.2160
TP2: $0.2200
TP3: $0.2250
Stop Loss (SL):
SL: $0.2060
Risk Management:
Use 2%–3% of total capital per trade, maintain a 1:3 risk-to-reward ratio, and trail SL to breakeven once TP1 is reached to secure profits.