🚀 Analysis of $1INCH on Binance Square! 📊🔥
Hello, community! 👋 Let's take a look at what's going on with #1INCH over the last few hours:
🔹 Current price: $0.0988 USDT (-1.59% in 24h)
🔹 24h high: $0.1006 USDT
🔹 24h low: $0.0951 USDT
🔹 24h volume: 7.58M 1INCH / ~738.4K USDT
📈 Trend and Movement:
* On the short-term chart, we see a recovery from $0.0967, reaching a peak near $0.0995 before consolidating in the current zone of $0.0988.
* The price stays above the moving average MA60 ($0.0978), suggesting that the short-term buying momentum is still in place despite the slight pullback.
* In the medium term, it shows acceptable positive performance (+7.51% in 7 days and +36.09% in 90 days).
⚖️ Demand vs. Supply:
* Demand (Buys): 44.70%
* Supply (Sells): 55.30%
There is a slight sell pressure in the order book right now, so it will be worth monitoring whether it can break the psychological resistance of $0.1000.
💬 What do you think?
Do you think we’ll see #1INCH breaking above the $0.10 barrier in the coming days, or will it keep consolidating? 🚀📉
👇 Leave your analysis and strategy in the comments! 👇
#Crypto #BinanceSquare #1INCH
Hello, community! 👋 Let's take a look at what's going on with #1INCH over the last few hours:
🔹 Current price: $0.0988 USDT (-1.59% in 24h)
🔹 24h high: $0.1006 USDT
🔹 24h low: $0.0951 USDT
🔹 24h volume: 7.58M 1INCH / ~738.4K USDT
📈 Trend and Movement:
* On the short-term chart, we see a recovery from $0.0967, reaching a peak near $0.0995 before consolidating in the current zone of $0.0988.
* The price stays above the moving average MA60 ($0.0978), suggesting that the short-term buying momentum is still in place despite the slight pullback.
* In the medium term, it shows acceptable positive performance (+7.51% in 7 days and +36.09% in 90 days).
⚖️ Demand vs. Supply:
* Demand (Buys): 44.70%
* Supply (Sells): 55.30%
There is a slight sell pressure in the order book right now, so it will be worth monitoring whether it can break the psychological resistance of $0.1000.
💬 What do you think?
Do you think we’ll see #1INCH breaking above the $0.10 barrier in the coming days, or will it keep consolidating? 🚀📉
👇 Leave your analysis and strategy in the comments! 👇
#Crypto #BinanceSquare #1INCH