Technical Analysis & Outlook: 1INCH/USDT
"Bottom Fishing: Is 1INCH Ready to Break the Downtrend?"
Looking at the 1INCH/USDT 4-hour chart, it's clear we are witnessing a classic consolidation phase following a long bearish slide. The price is currently hovering around $0.0915, fighting to maintain its ground above the critical support level of $0.0798.
The Stochastic RSI is showing a very interesting setup; it’s currently at 21.55, just starting to curl up from the oversold region. This often precedes a bullish "relief rally." Meanwhile, the MACD is showing a "Bullish Convergence," where the histogram is shrinking towards the zero line, indicating that the selling pressure is finally exhausting. If we see a breakout above the SuperTrend line (around $0.0999), we could see a rapid move toward the previous resistance zones.
The Strategy:
This is a high-reward setup for those with patience. We are looking for a shift in market structure on the lower timeframes to confirm that the bottom is in.
Professional Trading Signal
Entry Zone: Between $0.0880 – $0.0920 (Current levels are attractive for a "Buy the Dip" strategy).
Targets:
Target 1: $0.1111 (Psychological & Technical resistance).
Target 2: $0.1239 (Major liquidity area).
Stop Loss: Absolute exit if we close a 4H candle below $0.0790.
Risk Note: 1INCH is a lower-cap asset compared to BTC; expect higher volatility. Keep your position size manageable.
The Article (Short & Sharp)
"The Silent Accumulation: Why I’m Watching 1INCH Right Now"
While everyone is distracted by the big moves in Bitcoin, some altcoins are quietly carving out a bottom. 1INCH is one of them. Looking at the charts, the aggressive selling we saw earlier this month has hit a wall at the $0.080 mark.
We are seeing a beautiful exhaustion pattern. The MACD is losing its bearish sting, and the Stochastic RSI is screaming that the sellers are tired. I’m not saying it’s going to the moon tomorrow, but the risk-to-reward ratio here is too good to ignore.
The plan is simple: Accumulate in this zone, set a tight stop just below the recent lows, and wait for the volume to kick back in. Remember, the biggest gains are made when you buy the blood, not the hype. Stay disciplined, and let the chart do the talking!
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