✅ $1INCH /USDT Market Update — Strong Upside Momentum as Price Surges +34%
The decentralized exchange aggregator token 1inch (1INCH) has posted a strong recovery, gaining significant bullish traction in the past 24 hours. The pair 1INCH/USDT is trading at $0.1874, marking a solid +34.24% increase, placing it among notable DeFi gainers of the day.
🔹 Key Market Highlights
MetricValueLast Price$0.187424h High$0.202424h Low$0.138324h Volume (1INCH)78.73M24h Volume (USDT)13.95M
The trading range shows heightened volatility, with the price briefly touching $0.2024, hinting at aggressive buying pressure near the top of the range.
🔹 Technical Snapshot
The price currently trades slightly below resistance near $0.1939–$0.2049, suggesting a consolidation zone after sharp bullish movement. Support levels appear established at:
$0.1829
$0.1719
$0.1609
$0.1524
A sustained hold above $0.1829 could strengthen a continuation toward the $0.20 zone.
🔹 Market Sentiment
Investor sentiment remains bullish, driven by strong volume and upward momentum. The large trading inflow reflects renewed interest in DeFi market activity, possibly influenced by:
✅ Improved overall market trend
✅ Increased DEX usage
✅ Positive ecosystem updates
If momentum continues, a breakout above $0.2050 could open the next upside target zone.
🔹 Outlook
Bullish Target: $0.2100 – $0.2300
Neutral Zone: $0.1700 – $0.1850
Downside Risk: Breakdown below $0.1600
Overall, 1INCH shows promising short-term bullish potential, supported by growing volume and strong recovery from recent lows.
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