The 1INCH rebounded from the resistance at $ 2.09.
Hello everyone, let's take a look at the 1D 1INCH to USDT chart. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.89, if the support breaks down, the next one is $ 1.75 and $ 1.65.
Now let's move from the resistance line, as you can see, the first resistance is $ 2.09, on which the price has already rebounded, if you manage to break it, the next resistance will be $ 2.30, the next one is $ 2.60 and the next one will be around $ 2.99.
Looking at the CHOP indicator, we can see that most of the energy in the 1D interval has been used up.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.89, if the support breaks down, the next one is $ 1.75 and $ 1.65.
Now let's move from the resistance line, as you can see, the first resistance is $ 2.09, on which the price has already rebounded, if you manage to break it, the next resistance will be $ 2.30, the next one is $ 2.60 and the next one will be around $ 2.99.
Looking at the CHOP indicator, we can see that most of the energy in the 1D interval has been used up.