$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.

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