$1INCH is currently trading at 0.1762 USDT, hovering near its support level of 0.1758 USDT, indicating a bearish market structure.
The RSI at 38.74 signals ongoing selling pressure, suggesting further downside potential is imminent.
Traders might consider a breakout strategy above 0.1815 USDT for a potential reversal, while caution is advised regarding Bitcoin's volatile movements or macroeconomic shifts that could impact altcoin performance.
Volume remains relatively low at 183,269.4, indicating limited buying interest at present.
