$1INCH /USDT Daily Chart Analysis
Is DeFi’s forgotten DEX token about to make a comeback? ⚙️🚀
🎯 Targets:
Target 1: $0.42 – $0.45
This area is the first resistance zone, right near previous local tops.
Target 2: $0.65 – $0.70
Historical mid-range resistance. Breakout confirmation required.
Target 3: $1.00+ Psychological Level
If momentum accelerates, a retest of the $1.00 psychological barrier could happen.
🛡️ Support Zone:
$0.25 – $0.27
This is the key support area, aligned with the 200-day MA ($0.2425).
Holding above this level keeps the setup valid.
📊 Technical Overview:
Current Price: $0.3313
MA20: $0.2061
MA50: $0.2054
MA200: $0.2425
The recent breakout from the consolidation base shows bullish intent, but the real test starts above $0.42.
⚠️ Risk Reminder:
1INCH is historically highly volatile and liquidity-sensitive. Use proper risk management, avoid FOMO, and never invest more than you can afford to lose.
Not financial advice. Trade smart, stay sharp.
