$1INCH is in a weak condition and is squeezed in a downtrend. The recent local price bounce is just a normal stop-hunt before the next wave of decline, not a market reversal. Buyers simply don’t have the strength and volume to hold the price and push it above resistance.
Short $1INCH
Entry 0.08169 or on a local rebound into the 0.08250 zone
Stop 0.08450
Targets 0.07800 - 0.07400 - 0.07250

Any attempts to rise are quickly suppressed by sellers, and the current consolidation looks like the accumulation of strength before further падение
DYOR
#1inch
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