🔻 $1INCH
USDT – STRONG RALLY FACES RESISTANCE, BEARISH PAUSE LIKELY!
$1INCHUSDT is currently trading at $0.1879, up +7.19%, after reaching a 24h high of $0.1915. Price has shown a solid intraday rally, but it's now facing a resistance wall, with early signs of slowing momentum — signaling a potential bearish fade if it fails to break higher.
🔑 Key Levels:
Support: $0.1785
Resistance: $0.1915
Current Price: $0.1879
🎯 Trade Setup (Short Entry):
Entry Zone: $0.1880 – $0.1915
Take Profit Targets:
TP1: $0.1800
TP2: $0.1735
Stop Loss: $0.1935
📊 Market Outlook:
1INCH pumped on strong volume but is now stalling under resistance. The MA(5) and MA(10) remain bullish, but if price gets rejected again near $0.1915, we may see a retrace to support zones. Volume is elevated (2.25M) but not accelerating, suggesting buyer exhaustion.
⚠️ Risk Management:
Always cap exposure to 1–2% per trade. Use a tight stop above resistance to protect from continuation breakouts. Wait for a clear rejection candle or lower-timeframe confirmation before entering short.
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