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Crypto_Shodagor
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Can you tell me what kind of problem is causing it to look like this?
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1INCH/USDT from Binance, here’s a brief technical analysis with key levels and insights: Key Support and Resistance Levels: Immediate Resistance: $0.2175 (24h high – price faced strong rejection here) Immediate Support: $0.2003 (area of prior consolidation and 99 MA) Stronger Support: $0.1942 (previous swing low) Stronger Resistance: $0.2186 (top wick; potential breakout level) Entry Point (Key Level): Aggressive Entry: Around $0.2050–$0.2060 (current area, near MA25 and slight retracement zone) Conservative Entry: Around $0.2000–$0.2005 (closer to MA99, better risk-reward if price retests support) Exit Point (Key Level): Short-Term Target: $0.2175 (resistance area) Next Target After Breakout: $0.2250+ if volume supports breakout beyond $0.2186 Volume and Momentum: Recent surge in volume suggests bullish interest. MACD looks like it’s trying to cross bullishly. Price bouncing off MA25 and holding above MA99 = medium-term bullish structure. Strategy Tip: If price holds above $0.2050, a breakout attempt toward $0.2175 is likely. A dip toward $0.2000–$0.2020 could be a good entry for a safer setup. Watch volume at resistance – strong volume could confirm a breakout.#CriptoTrading #setup $1INCH
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