🟢Briefly on 1INCH🟢
🟢False breakout before reversal
🟢The chart shows how 1INCH is testing the long-term support zone of 0.26, which has previously held the price several times.
🟢The chart indicates increased volatility, but so far without a clear breakout downwards. The key support is around 0.26, while the nearest resistance is at 0.35, where a pullback is possible if buyers react.
🟢An important point right now: if the level holds, we can expect movement towards 0.30 - 0.35, but if the price breaks down, downward pressure will intensify. A scenario with a false breakout before a reversal is possible.
$1INCH
