๐จ $1INCH /USDT โ DeFi Breakout or Dead Cat Bounce? โ ๏ธ๐
$1INCH pumped +17.17% to $0.3309, ripping through previous resistance and posting one of the strongest moves among DeFi tokens! But with RSI cooling off and volume thinningโwill it sustain, or snap back?
๐ Market Overview
๐ Current Price: $0.3309
๐ 24h High: $0.3916
โ๏ธ 24h Low: $0.2734
๐ Parabolic SAR: $0.3119 (Still holding bullish structure)
๐ MACD Momentum:
โโDIF: 0.0118
โโDEA: 0.0102
โโMACD: 0.0032 (Bullish, but weakening slightly)
๐ 1INCH Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If 1INCH Holds Above $0.3200):
โข Entry: Above $0.3350
โข Targets: $0.3560, $0.3910, $0.4020+
โข Stop-Loss: $0.3110
๐น Bearish Scenario (If 1INCH Drops Below $0.3110):
โข Entry: Below $0.3110
โข Targets: $0.2940, $0.2670, $0.2220
โข Stop-Loss: $0.3350
๐ Should You Hold or Sell?
โ Big move from $0.27 to $0.39 = Momentum clearly strong!
โ RSI at 49 = Healthy consolidation zoneโno overheating yet
โ MACD positive but flatteningโbulls need volume to push higher!
๐ก Pro Tip:
๐ Watch for a breakout above $0.356 with high volumeโit could trigger a run to $0.40+
โ ๏ธ Weak bounce + drop below $0.311 could mean return to mid $0.20s
๐ข Holding your 1INCH bags or already cashed in? Letโs talk below!
๐ฅ LIKE & SHARE if you're riding this DeFi wave! ๐
