đLONG: $1INCH (1W)
Analysis:
This chart highlights a significant downtrend for 1INCH/USDT that's approaching a crucial support level. With the descending channel and lower support being tested, there's a potential reversal signal. Stay tuned for more unbiased analysis, trade setups, and weekly Bitcoin and Ethereum updates.
Price Targets:
Should a breakout occur above the resistance level, potential price targets include $0.64 initially. Further bullish momentum could propel 1INCH/USDT to around $3.50. For long-term gains, eye the all-time high zone at $7.50 for substantial profit opportunities.
