1INCHUSDT completed an Inverse Head & Shoulders pattern, clearly visible on the hourly timeframe.
Key Levels
• Left Shoulder: $0.223
• Head: $0.218
• Right Shoulder: $0.223
• Neckline: $0.232
• Measured Target: $0.245 (aligned with local high)
Status
Breakout has already occurred, activating the target.
Next Steps
It may be too late to chase, but a retest of the neckline as support (~$0.232) could offer a compelling long entry.
Invalidation Levels
• Early Invalidation: Break below $0.232
• Full Invalidation: Break below the right shoulder at $0.223