$1INCH / USDT Showing Signs of Recovery on Binance - Watch for Resistance! 🛡️

Looking at the $1INCH / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 0.1711 USDT, it's up +0.59% in the last 4 hours but down -0.87% for the day.

After touching the 24-hour low of 0.1693 USDT, $1INCH appears to be gaining some upward momentum. It's now approaching resistance around the 0.1730 - 0.1740 USDT level.

Key Levels to Watch:

* Resistance: The 0.1730 - 0.1740 USDT zone is the immediate resistance. Breaking above this could signal a stronger recovery towards the 24-hour high of 0.1767 USDT.

* Support: The 24-hour low of 0.1693 USDT is acting as support. Holding above this is important for the recovery to continue.

What's your take on 1INCH's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?

Let's share your analysis and trade cautiously!

#1INCH #1INCHUSDT #1inchNetwork #PotentialRecovery #ResistanceZone