$1INCH /USDT – SHORT TRADE SETUP AFTER PARABOLIC SPIKE 💯 🔥
Current Price: 0.2665
Market Summary:
1INCH surged aggressively but faced strong rejection near 0.2758. The price is now forming lower highs and struggling to hold the breakout level. This suggests a possible correction or retest of previous demand zones.
Short Trade Setup:
Entry Zone: 0.2675 – 0.2695
Stop Loss: Above 0.2755
Target 1: 0.2600
Target 2: 0.2530
Target 3: 0.2475
Trade Insight:
The steep rise followed by sharp rejection indicates exhaustion. A retest near 0.2680 can offer a low-risk entry for shorts. If price stays below 0.2700, momentum may favor sellers aiming to fill the green demand area.
Pro Tip:
Avoid entering late — wait for a weak bounce to enter. If price reclaims and holds above 0.2755, invalidate this setup and reassess.
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