$1INCH /USDT – Sharp Pullback After Bullish Spike! 🔻 Time for a Short? 🚨
Current Price: $0.3281 (+17.30%)
Timeframe: 30M Chart
$1INCH saw a major spike to $0.3916 but is now rapidly cooling off. Price is forming a series of lower highs and has just broken below the short-term support at $0.335. With declining bullish momentum and strong overhead resistance, a correction looks likely.
📉 Short Trade Setup:
Entry Zone: $0.3280 – $0.3350
TP1: $0.3180
TP2: $0.3050
TP3: $0.2890
Stop Loss: $0.3445
💡 Pro Tip: Confirm breakdown below $0.325 with volume for safer entry — avoid early traps!
Perfect opportunity to scalp the downside after overextension! 🧨📉
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