Here's the analysis for the 1INCH/USDT chart: 1hr timeframe:-

Price Action

Current Price: 0.3460 (+11.76% in the last 24 hours).

24H High: 0.3801

24H Low: 0.3073

The price surged significantly, touching the 24H high before pulling back slightly, indicating profit-taking near resistance.

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Moving Averages

EMA(7): 0.3421 (Price is trading slightly above this, showing near-term bullishness.)

EMA(25): 0.3276 (Suggests a strong medium-term uptrend.)

EMA(99): 0.3087 (Price remains well above this long-term level, confirming an upward trend.)

The alignment of the EMAs (short-term > medium-term > long-term) confirms bullish momentum.

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Volume

Volume is picking up, with a notable spike during the price surge. This indicates strong buyer activity.

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RSI

RSI(6): 63.18

The RSI is in the bullish territory but not yet overbought (>70). This indicates that the asset has room to climb further, but caution is warranted as it approaches resistance levels.

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Order Book

Bid (79.16%) > Ask (20.84%):

The order book reveals strong buyer demand, supporting the bullish sentiment.

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Market Sentiment

The strong upward movement, combined with increasing volume and positive RSI, indicates high trader interest and optimism in this token.

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Key Levels

1. Support:

EMA(25) at 0.3276

EMA(99) at 0.3087

2. Resistance:

0.3800 (recent high)

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Conclusion

The current setup shows a strong bullish trend with rising momentum. Watch for potential re-tests of the 0.38 resistance level. A break above this could trigger further upside, but a pullback to the 0.32–0.34 zone for consolidation is also possible.

Motivational Note: "Momentum favors the prepared trader—ride the wave but stay vigilant for shifts!"

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