The technical analysis suggests that 1INCH has the potential for a rebound to $0.37. The TD Sequential indicator has flashed a buy signal on the weekly chart, indicating a possible trend reversal. The price is currently testing a major support zone, and historical price action suggests that previous similar setups have resulted in a 20%-40% recovery. However, 1INCH still faces resistance levels at $0.30 and $0.37-$0.41 that need to be cleared for a full reversal to be confirmed. If the token fails to reclaim these zones, it may retest $0.25 or even drop further to $0.18-$0.20. Traders should also pay attention to volume trends to determine the sustainability of the rally.
Content Editor ( cryptonewsland.com )
- 2025-02-16
1INCH Signals Strong Rebound as Bulls Eye $0.37 Breakout
