$1INCH /USDT – Long Downtrend Signal for Spot and Future Traders
Current Price: $0.3446
24h Change: +23.20%
24h High: $0.3916
24h Low: $0.2734
Volume: 141.42 Million 1INCH
Why 1INCH is in a Downtrend
1INCH pumped earlier but failed to hold above $0.36. Price is now making lower highs and lower lows on the 5-minute chart. Selling pressure is clear and the price is below $0.35, which is a key resistance now.
Key Price Levels to Watch
Resistance: $0.3500 and $0.3600
Support: $0.3400 and $0.3250
Trade Plan (Sell Setup)
Sell Between: $0.3440 – $0.3480
Stop Loss: Above $0.3500
Target 1: $0.3400
Target 2: $0.3250
Target 3: $0.3100
Summary
$1INCH is in a long downtrend after a failed breakout. If price stays below $0.35, the trend will likely continue downward. Spot and future traders can open short positions with proper risk management.
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