$1INCH

Current Price: $0.4720 💲

The price is currently at a support area, suggesting it could either bounce from here or face further downside if it fails to hold this level. This support zone is crucial in determining whether the price will recover or break down.

If the price holds at $0.4720 and doesn’t drop below, the next resistance levels to watch for upward movement are:

$0.4735: A nearby resistance level where price might face some selling pressure. It’s important to monitor for any breakouts. 📈
$0.5600: If the price breaks $0.4735, the next resistance level is at $0.5600, which could lead to further upward momentum. 🚀
$0.61112: This is another key resistance level, and if the price manages to break through $0.5600, $0.61112 could be the next significant target.

If the price does not hold at $0.4720, and falls below it, we need to keep an eye on the support levels for a potential reversal:

$0.3794: This is an important support level. If the price drops below $0.4720, it might find support here.
$0.31543: If the price continues to decline past $0.3794, $0.31543 is the next critical support level to monitor. If broken, it could signal further downside movement.

🔔 Important Note: This is not financial advice. Always conduct your own research and consider your risk tolerance before making any trades! 📊

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