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CryptoPatel
May 31, 2023 8:12 PM

1Inch/USDT Bearish Chart Analysis Short

1INCH / TetherUSBinance

Description

#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!

[Disclaimer: This is not financial advice. Please do your own research before making any investment decisions. Cryptocurrency markets are highly volatile.]
Comments
WalterMoon
I am totally agree with your analytics
slimehide
Unlock 15%/100% of total supply tomorrow. So gonna be a big dump.
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