SHORT TRADE: $1INCH
/USDT – Bounce or Bust?
$1INCH rallied but now stalls under 0.275 resistance. Lower volume on the recent move and rejection wicks suggest a possible pullback setup.
Entry:
Short zone: 0.2685 – 0.2745
Watch for signs of rejection near 0.275.
Targets:
First Target: 0.2590
Second Target: 0.2520
Final Target: 0.2450 (if sell-off gains traction)
Stop Loss:
Above 0.2775 — just beyond the 24h high.
Key Levels:
Resistance: 0.2758
Support: 0.2497
Pivot: 0.2691
Pro Tip:
Ideal short if price shows weakness near 0.275 with declining RSI or bearish divergence on 15m. Tight stop-loss for scalpers. Avoid trading if breakout volume increases.
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