📉 1INCH Crashes 16%! Trap or Treasure? 🚨
1inch Network ($1INCH ) has just hit the "Top Loser" list, down 15.98%. Before you jump in, here is the alpha you need:
🔍 Why the Dump?
Whale Exit: Large vested wallets recently offloaded over $1.8M worth of tokens, triggering a liquidity cascade.
Margin Delisting: KuCoin’s removal of 1INCH from Cross Margin has forced liquidations, adding heavy sell pressure.
Support Break: Price has sliced through the critical 200-day SMA, turning previous support into a heavy resistance zone.
📊 Trading Play:
Bearish Case: If price fails to reclaim $0.15, expect a slide toward the $0.10 psychological floor.
Strategy: "Sell the Rip." Look for rejections on small rallies.
Risk: Always use a Stop-Loss (SL) to protect against sudden short squeezes.
The Verdict: The trend is currently your enemy. Don't catch a falling knife without confirmation! 🔪🚫
