$1INCH is currently trading at 0.2033 USDT, showing a neutral market structure as it hovers between support (0.2017 USDT) and resistance (0.207 USDT).
With an RSI of 45.69, it indicates a balanced momentum, leaning slightly bearish.
A potential strategy could be a range-bound play, targeting swings between support and resistance levels.
However, traders should remain cautious of Bitcoin's volatility and macroeconomic events that could affect market sentiment significantly.