Is 1inch Poised for a Game-Changing Bounce Despite the Bearish Chaos?
However, the technical indicators, which are lagging by nature, did not agree. The CMF was at -0.26, reflecting the intense selling pressure on 1INCH over the past two weeks. The A/D line has remained flat over the past ten days, disagreeing with the CMF and showing that selling pressure was subdued.
The MACD agreed with the bearish market structure and highlighted strong downward momentum. The indicators examined did not signal a trend reversal, but the price action gave clues of one. Now, what do the on-chain metrics reveal?
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