P_S_trade

Will 1INCH price try to surprise everyone, or the show over now?

WHITEBIT:1INCHUSDT   1inch / Tether US
Another "promising" project woke up as to us promised in 2021 - "the dead man" 1inch project)

In the second half of 2021, 1inchUSDT was probably launched, probably planning to make money on the hype of the "odor" from Defi boom.
But it didn't work out, almost immediately after the listing, the price of the 1inch token fell steadily, roughly speaking from $8-9 to the recent $0.25

Accordingly, as you might have guessed, this coin has a lot of "happy" investors who bought the token of a "promising" project. Especially large purchases of 1inchUSD were in the range of $0.50-0.90

Is it worth buying 1inchUSDT right now? In our opinion, definitely not.
The 1inch price now is in the area of a strong mirror level + it has just hit the trend line.

If you believe in the prospects of the 1inch project and want to buy this token, then we have the following advice for you:
  • wait for a correction to $0.40 and then try to buy a little bit there
  • or wait for the 1inchUSDT price to break through and consolidate above a strong mirror level. This will essentially allow you to buy 1inch at +/- near the current price, but in a much more confident place.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more

🎁 -10% on ALL trading fees OKX
www.okx.com/join/10pstrade

🔥V-I-P cutt.ly/PwkLhT56

👍Crypto activities and free💲 cutt.ly/0w9VqL2X

💰Trade here + take Bonuses linktr.ee/ps_trade

🔵Telegram t.me/pstrade_eng

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.