$1INCH is currently in a bearish market structure, trading at 0.2067 USDT, just above its support level of 0.198 USDT. With an RSI of 41.79, momentum appears weak. A potential trading strategy could focus on a pullback entry, aiming for resistance at 0.2138 USDT. Traders should remain cautious of broader market influences, particularly Bitcoin's fluctuations and any macroeconomic events that could impact sentiment.