$1INCH
📈 Market Overview
Price: Trading around $0.315 USDT, with a ~+11–12% surge in the last 24 h; it hit an intraday high of ~$0.39 and low of ~$0.27—reflecting strong volatility .
Weekly performance: Up ~68–74% over the last week, with technical ratings mostly bullish .
On-chain & fundamental drivers: Integration with a Layer‑2 scaling solution announced July 10, aiming to boost gas‑efficiency and deeper liquidity .
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🔍 Technical Snapshot
TradingView/Investing.com technical summary: “Strong Buy” on 5‑, 15‑min, 30‑min, 1‑hr, 5‑hr, daily, and weekly; monthly reads “Strong Sell” .
RSI: ~70–81 (1‑hr ~81 indicates potential short-term overbought, 7‑day ~68 remains bullish) .
Moving Averages: Short-term MAs bullish; 8‑SMA fledgling above 144‑SMA support .
**Support/Resistance Levels:**
Immediate support: ~$0.30–$0.31 (prior resistance)
Deeper support: ~$0.27 (24‑h low)
Resistance zones: ~$0.39 (intraday high), next at ~$0.42
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🎯 Today’s Signal
Bias: Bullish, but watch for pullback due to overbought RSI.
Entry Zones:
Aggressive: $0.31–$0.32 (after retest)
Cautious: $0.29–$0.30 (wait for dip)
Take Profit:
TP1: $0.38–$0.39 (prior high)
TP2: $0.42 (next resistance)
Stop-Loss:
SL1: $0.30 (just under entry)
SL2: $0.275 (below 24 h low)