The daily price action of the 1INCH/USDT trading pair, revealing a downward trend within a descending channel. Recently, the price has moved above the channel's lower boundary and is testing a critical resistance zone, suggesting a potential reversal.
A strong demand zone has previously halted declines, and bullish momentum here may indicate a trend shift.
Targets at $0.2550, $0.3089, and $0.3542, with a final target around $0.5167, implying a potential 125% increase if bullish momentum persists.
Overall, the breakout from the descending channel and firm support levels indicate a bullish outlook, though monitoring volume and market sentiment is essential to confirm the uptrend's strength.
A strong demand zone has previously halted declines, and bullish momentum here may indicate a trend shift.
Targets at $0.2550, $0.3089, and $0.3542, with a final target around $0.5167, implying a potential 125% increase if bullish momentum persists.
Overall, the breakout from the descending channel and firm support levels indicate a bullish outlook, though monitoring volume and market sentiment is essential to confirm the uptrend's strength.
Pesanan dibatalkan
Crossed below demand zone, Trade not activated
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.