$0.37 is the last resort for 1inch. 1inch has been ranging between $0.60 and $0.20 for 2 years now, indicating a lack of interest from investors and bulls. So right now, 1inch is either close to making a huge bullish move or close to a new all-time low.
We've seen a lot of these patterns; even though it can have a bullish breakout, the chance of the opposite happening is quite high as well. If 1inch fails to hold this support, $0.32 is the last support before it reaches $0.20. The market will decide. However, we still might see a bullish move from $0.32 with a lower chance.
If you already have 1inch, you can wait. If you want to buy, you should wait.