$1INCH /USDT Trading Plan: Key Opportunities!
The 1-hour chart for $1INCH /USDT displays a consolidation pattern near $0.3792 following a dip to $0.3633. The price is oscillating between $0.3630 (support) and $0.3930 (resistance), providing actionable opportunities for both bulls and bears.
---
🚀 Long Setup
Entry: $0.3800 (confirm breakout with volume)
Targets:
First: $0.3930
Extended: $0.4100 (next resistance level)
Stop Loss: $0.3690
📉 Short Setup
Entry: $0.3750 (confirm breakdown with volume)
Targets:
First: $0.3630 (local low)
Extended: $0.3500 (key support zone)
Stop Loss: $0.3830
---
🔑 Key Trading Tips
1. Volume Confirmation: Enter only after confirming a breakout/breakdown with strong volume.
2. Risk-Reward Management: Maintain at least a 1:2 risk-reward ratio to protect capital.
3. Macro Insights: A 90-day gain of +55.54% indicates bullish sentiment, but short-term dips suggest a mixed outlook.
Market Outlook:
Stay flexible and responsive to price action. Monitor critical levels, manage risks, and let the trend guide your decisions
#OnChainLendingSurge #BNBBhutanReserves #USJoblessClaimsDrop #BullCyclePrediction #MicroStrategyAcquiresBTC