For 1INCH/USDT
📈 Current Situation
Price: 0.0963
Last High: 0.0968
MA7: 0.0953
MA25: 0.0931
MA99: 0.0906
The price is above the three moving averages, and their order is ascending; therefore, the momentum on the hourly timeframe is currently positive.
🎯 Important Levels:
0.0968–0.0970 is immediate resistance.
A breakout and an hourly close above 0.0970 → opens the door for further upside toward 0.0985, then 0.1000.
0.0952–0.0953 is nearby support, close to MA7.
A break of 0.0952 → increases the chance of a pullback to 0.0931, where MA25 is.
Current Scenario: The price is testing the 0.0968 high after a short consolidation. Breakout confirmation requires an hourly candle close above it, while rejection with a break below 0.0952 gives a short-term correction signal.
⚠️ Since the move up was fast, don’t rely on an instantaneous breakout only; watch the hourly close.
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