$1INCH /USDT BULLISH MOMENTUM BUILDING – BREAKOUT IMMINENT?
1INCH is currently trading at $0.3348 (+6.56%), showing signs of recovery from recent lows with strong volume and a bullish short-term structure. This DeFi token has bounced from support and is approaching a critical resistance level.
KEY LEVELS TO WATCH:
Current Price: $0.3348
Immediate Resistance: $0.3500
Major Resistance: $0.3644 (24h high)
Support Zones:
Minor: $0.3200
Strong: $0.3065 (24h low)
TRADE SETUP (LONG):
Entry Options:
On dip near $0.3300–$0.3250 (support zone)
On breakout above $0.3500 (confirmation trade)
Targets (TP):
TP1: $0.3600
TP2: $0.3750
TP3: $0.3900 (if bullish continuation holds)
Stop Loss (SL): Below $0.3180
TECHNICAL INSIGHTS:
Strong buying volume (70M+ 1INCH traded) supports the upward momentum
Higher lows forming on the 1H and 4H charts – bullish structure
RSI on mid timeframes is neutral-to-bullish – room for upside
Break above $0.3500 could trigger a mini breakout rally
RISK MANAGEMENT:
Risk 1-2% of capital on each trade
Use tight SL below recent support to protect gains
Trail stop loss once TP1 hits to lock in profits
CONCLUSION:
$1INCH/USDT is gaining traction, and a clean break above $0.3500 could set the stage for a sharp rally. Watch the price action closely and get ready to ride the wave if momentum confirms!
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