🔍 $1INCH
/USDT Technical Analysis (1H Chart)
Current Price: $0.2442
24H Change: -1.69%
24H High/Low: $0.2487 / $0.2347
Recent Low: $0.2347 (Strong support tested)
Volume Trend: Slight decline after a spike, indicating temporary exhaustion of selling pressure.
The 1INCH/USDT pair is showing early signs of short-term recovery after bouncing from the key support at $0.2347, forming a mild uptrend in the last few candles. The price is now hovering around the 5-period moving average (yellow line), which is starting to flatten, while the 10-period moving average (purple line) is still descending — suggesting caution for bullish entries.
📈 Trading Signal (Short-Term Intra-Day Setup)
Entry (Buy Above): $0.2460 (Confirmation of momentum)
Target 1: $0.2510
Target 2: $0.2560
Stop Loss: $0.2390
🧠 Pro Tip for Traders:
Watch for volume confirmation and bullish candle formations above $0.246. If price breaks the 10 MA convincingly, we may see bullish continuation. This setup is risk-managed for scalpers and day traders looking to capitalize on a bounce after oversold pressure.
Let me know if you'd like a multi-timeframe view or RSI/MACD breakdown!