$1INCH /USDT Price Prediction This Week on Binance
Current Price: ~$0.3050
đTechnical & Market Overview
â˘Short-Term Trend: After a sharp +39% jump in 24h from ~$0.22 to $0.30, 1INCH tested resistance near $0.31-volume cooled but remains elevated.
â˘Technical Setups: 4-hour and daily charts show bullish signals -breakout from descending channel and bounce off support in the $0.27-$0.29 zone.
â˘Moving Averages: Price now sits around its 50-day SMA ($0.30); 200-day SMA remains overhead ($0.34), presenting a short-term hurdle.
đThis Week's Forecast
â˘Bullish Scenario: $0.32 - $0.36
A decisive break above $0.31-$0.32 opens the door to $0.36-aligned with the next channel target and 200-day SMA.
â˘Neutral Range: $0.27 â $0.32
Expect sideways consolidation as 1INCH digests recent breakout and tests moving average support/resistance.
â˘Bearish Scenario: $0.24 - $0.27
Rejection at current resistance may lead to a retrace toward the $0.27 support zone-or deeper to $0.24.
đTrade Plan
â˘Entry Zone: $0.29 - $0.30
â˘Take Profit 1: $0.32
â˘Take Profit 2: $0.36
â˘Stop Loss: Below $0.27
đŻStrategy Insight
1INCH is showing strong short-term momentum after a steep breakout. The $0.32 level will be key-sustained above it confirms strength, while failure may lead to consolidation in the $0.27-$0.30 zone. Given volatility, risk management with tight stops is essential.
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