DU09

1INCH/USD - In buy zone! Good entry opportunity!

Long
BINANCE:1INCHUSDT   1INCH / TetherUS
1INCH corrected over 50%... and now we find ourselves at a KEY level of support - the previous ATH and .61 fib level.

This is a very strong support for 1INCH and you can buy it at half price compared to early Feb when it was $6.

For this reason, I think long opportunities here (around $3) are a good bet. Falling under this support would mean both ETH and BTC will crash further, which I find unlikely.

Therefore, good idea to get your feet wet here. :)

By tomorrow we should have more clarity on price action and will indicate where we go next.

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