🚀 $1INCH Soars 39% in 24H — Team Accumulation Sparks Breakout 🔥

A powerful mix of strategic buybacks, exchange supply drain, and technical momentum propelled $1INCH up +39% in just 24 hours!

🔍 Key Highlights:

$6.65M in team buybacks since July 6 fueled scarcity

Volume up 628%, signaling whale-led momentum

RSI at 84 = overbought zone, but MACD remains bullish

📊 Deep Dive:

1. Team-Driven Supply Shock

📌 The 1inch team accumulated 33.19M $1INCH ($6.65M) from Feb–Jul 2025 (@EmberCN), averaging $0.20 — locking away 2.4% of circulating supply.

🔒 Fewer tokens on exchanges = less sell pressure.

📉 Even YZi Labs’ 5M $1INCH transfer to Binance was offset by their 69M holdings, keeping net pressure low.

2. Technical Breakout

✅ RSI(7): 84.16 (Overbought but bullish)

✅ MACD histogram: +0.0067, accelerating upward momentum

✅ Price broke 0.236 Fib resistance ($0.236) with 6x average volume

🧠 Derivatives open interest fell 8%, showing spot-led buying

3. Market Dynamics: DeFi Rotation

🌍 Altcoin market up 6.8%, but $1INCH outperformed

📈 Altcoin Season Index surged +29% this week

🔗 Solana integration (June 30) + MEV-protected swaps are drawing ETH-based capital

💧 Turnover ratio 0.559 = strong liquidity absorption

🧠 Conclusion:

$1INCH’s rally is more than hype — it’s a strategic supply squeeze + confirmed breakout + sector rotation into DeFi infrastructure plays.

⚠️ RSI hints at potential pullback, but with $14.75M in team-held tokens, long-term alignment remains strong.

💬 What catalyst could drive the next wave? A major protocol partnership or L2 expansion could fuel further upside.

#1INCH #DeFi #AltcoinSeason #1INCHUSDT #CryptoBreakout