$1INCH Breakout Brewing or Bull Trap? Watch These Zones Closely!
1INCH has pumped +39.23% in the last 24 hours, now hovering at $0.3038 after tapping a high of $0.3196. Price is consolidating in a tight range — will bulls push a fresh breakout or is this a distribution phase?
Key Technical Levels
• Resistance Zone:
• $0.3080 – Local resistance just above current price
• $0.3190 – 24h high and major breakout trigger
• Support Zone:
• $0.2907 – Holding as key structure support
• $0.2760 – Stronger demand zone from previous base
Trade Setup – Tight Range, Breakout Watch
• Bullish Entry: Break and hold above $0.3080
• TP1: $0.3180
• TP2: $0.3300
• TP3: $0.3450
• Bearish Entry: Breakdown below $0.2900 with volume
• TP1: $0.2760
• TP2: $0.2630
• TP3: $0.2500
Volume is decent at 2.86M, showing steady interest. The sideways action suggests a breakout is nearing — just a matter of which side takes control.
1INCH is coiling — breakout above or flush below? Stay on alert for the move!