$1INCH /USDT Bullish Structure Detected

Entry Zone: $0.195

🎯 Targets: $0.235 → $0.26 → $0.29

🔒 SL: $0.172

1. Double Bottom (W-Pattern) Forming

Support around $0.165–$0.170 held strong twice.

Two clear “L” lows marked = potential double bottom.

A break above $0.195–$0.20 confirms W-pattern breakout.

2. Reclaiming EMA Resistance

The price is trying to reclaim the red EMA (likely the 50 EMA).

A close above this would indicate momentum shift back to bulls.

3. Bullish Candle Follow-Through

Long green bodies

Small/no lower wicks

This typically signals strength in buying momentum.

4. Downtrend Line Break Incoming

The red descending trendline from April is nearing a test.

A daily candle close above $0.21–$0.22 would be a strong breakout confirmation.

✅ Structure: Double bottom

✅ Momentum: Building bullish

✅ Resistance to Watch: $0.22

🟢 Bullish Bias: Confirmed above $0.22

Trade $1INCH