🔥$1INCH approaching $0.10 resistance: Retest or Breakout?
Looking closely at $1INCH on the 4H chart right now.
We had a decent bounce off that $0.0923 bottom, pushing us up around $0.0988. But keep a close eye on the $0.1000 - $0.1015 area—that’s a key psychological level and resistance point.
Here’s how I’m viewing this setup:
1️⃣ Pullback Idea: If we get a clear rejection around $0.1000, I’m expecting price to cool down and retest support near $0.0965.
2️⃣ Breakout Idea: If bulls manage to close a solid 4H candle above $0.1015, we could see momentum carry it towards $0.1060.
Levels I’m watching:
• Targets: $0.0965 (Short) / $0.1060 (Long)
• Invalidations: $0.1020 / $0.0950
Not rushing in here until price action makes its move at $0.1000. How are you playing this one? Let me know below! 👇
Not financial advice. Trade safe.
#Write2Earn #1INCH #CryptoAnalysis #BinanceSquare #CryptoTrading
$1INCH
Looking closely at $1INCH on the 4H chart right now.
We had a decent bounce off that $0.0923 bottom, pushing us up around $0.0988. But keep a close eye on the $0.1000 - $0.1015 area—that’s a key psychological level and resistance point.
Here’s how I’m viewing this setup:
1️⃣ Pullback Idea: If we get a clear rejection around $0.1000, I’m expecting price to cool down and retest support near $0.0965.
2️⃣ Breakout Idea: If bulls manage to close a solid 4H candle above $0.1015, we could see momentum carry it towards $0.1060.
Levels I’m watching:
• Targets: $0.0965 (Short) / $0.1060 (Long)
• Invalidations: $0.1020 / $0.0950
Not rushing in here until price action makes its move at $0.1000. How are you playing this one? Let me know below! 👇
Not financial advice. Trade safe.
#Write2Earn #1INCH #CryptoAnalysis #BinanceSquare #CryptoTrading
$1INCH