1INCH's recent trend is quite interesting. The price is oscillating within the convergence zone at the lower end, gradually forming a descending flag pattern. From a technical perspective, the bearish structure still dominates, and the risk of a breakdown and further decline is gradually increasing.



Is the volume-reducing decline a bottom trap? To be honest, it is more likely brewing for a new round of downward movement. Traders need to be well prepared. If you want to trade this coin, the take-profit point can be set at 0.145, and the stop-loss at 0.149, which can leave enough room for operation. The market is still waiting for a true signal confirmation.
1INCH-3.38%
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