1INCH Token / Tether
Panjang

1INCH/USD - Potential 108% Setup

399
Hello Traders!

The price of 1inch has tested the strong support level of $1.58. The RSI indicator on the daily timeframe shows that the asset is oversold.

It is possible to consider purchases in the range of $1.42 - $1.58, counting on the correction of the downward movement.

It is worth closing the position by a stop-loss if the price goes under the support level of $1.05.

The targets are Fibonacci levels:
$2,50
$2,83
$3,17

Good luck and watch out for the market

P.S. This is an educational analysis that shall not be considered financial advice

Penafian

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