🔻 $1INCH /USDT – Spike Fizzled Out! Short Setup Brewing 💣

After a fierce rally to $0.3916, $1INCH is showing signs of exhaustion, now trading at $0.3281 (+17.30%). Momentum is fading fast as the price breaks below key support and starts printing lower highs — signaling that sellers may be stepping in for a correction.

📉 Short Trade Setup:

• Entry Zone: $0.3300 – $0.3370

• Target 1 (TP1): $0.3250

• Target 2 (TP2): $0.3170 ✅

• Stop Loss (SL): $0.3445

⚙️ Technical Snapshot:

Bearish divergence spotted on RSI with lower highs on price action. Breakdown of $0.335 support confirms weakening buyer strength.

⚠️ Risk Note:

Watch for fakeouts near resistance. Close if price reclaims $0.345+ with volume.

🧠 Strategy Breakdown:

This setup leans on the theory of post-pump exhaustion. As buyers lose steam, shorting the retest of broken support becomes favorable. Look for confirmation on low timeframes before entry.

📢 Follow for More:

Stay updated with live setups, momentum flips, and smart trading strategies!