Is 1inch Poised for a Game-Changing Bounce Despite the Bearish Chaos?
Ever noticed how the market sometimes feels like a rollercoaster that just won’t quit? That’s exactly what 1inch [1INCH] has been up to lately—a dizzying 40.7% price retracement from a $0.391 high down to $0.232 low, painting a bearish picture with sellers seemingly in the driver’s seat. But here’s the kicker: despite all the downward momentum, the bigger picture isn’t all doom and gloom. The higher timeframe market structure is still holding bullish vibes, suggesting that 1INCH might’ve hit a local bottom and could be gearing up for a comeback. It’s like watching a seasoned boxer take a hit but never quite going down for the count. So, is this dip a clever setup for a rebound, or just the calm before another storm? Let’s dive into the charts, indicators, and on-chain whispers to see if the bulls are quietly lining up for a charge. LEARN MORE
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