CryptoPatel

1Inch/USDT Bearish Chart Analysis

Short
BINANCE:1INCHUSDT   1INCH / TetherUS
#1Inch/USDT Technical Analysis Update

Current Price: $0.378

The #1Inch/USDT pair has recently broken below the strong support level at $0.44, indicating a bearish trend. With the price currently below $0.44, we can anticipate further downside potential of around 20-30% from the current levels.

Key Levels to Watch:
Strong Support: $0.27
Resistance: $0.44/$0.53

It is crucial to monitor the $0.44 resistance level closely. If the price remains below this level, we can expect a further decline towards the $0.270 support level.

Stay tuned for more updates!


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