🚀 $1INCH is green, whales are accumulating strongly – bulls are in control!
Currently, 1INCH is trading around 0.258 USD, having just broken out of a symmetrical triangle – a signal that often precedes a strong upward trend.
🔹 On-chain data: large wallets have accumulated an additional 140.52 million 1INCH from September 2 until now.
🔹 Short-term technical levels:
Support: 0.254 – 0.249 USD (may retreat to 0.245 USD).
Resistance: 0.272 USD, further at 0.302 USD (Fib 61.8%).
🔹 RSI indicator is at 68, not yet in the overbought zone → still plenty of room for growth.
🔹 MACD has just crossed upwards → a reinforcing signal for the bulls.
👉 However, if the market adjusts, the area of 0.234 USD will be an important "shield."
⚠️ Note: This is a technical perspective, not a recommendation to "buy before you miss the boat"! 😅