ANALYSIS 🔎 - 1INCH/USDT brokeout above the inverse head and shoulders neckline resistance, hit a swing high and retraced. - Price is retesting the key fibonacci retracement zone (0.618 - 0.7 - 0.786) and the inverse head and shoulders neckline resistance turned support. - There's a relatively high concentration of buyers at this zone (high buying pressure). - We could be at the verge of an uptrend continuation.
BUY ENTRY ⬆️ - The key fibonacci retracement zone (0.618 - 0.7 - 0.786).