$1INCH exhibits distinct price action across timeframes and its towards recovery and moderately bullish with a potential of reversal

In the short-term, the price is trading above both the MA_10, indicating a bullish momentum. The RSI at 60.17 suggests moderate buying pressure, while the MACD shows a slight bullish crossover. The Bollinger Bands show a tightening range, with the price nearing the upper band, indicating potential volatility.

$1INCH on hourly timeframe, the price remains above the MA_10, with a stronger bullish signal as the RSI climbs to 63.93. The MACD continues to show a bullish crossover, with the MACD_Diff widening.

For the daily timeframe, $1INCH price is slightly below the MA_20, indicating a potential reversal. However, the RSI has improved to 42.93, showing recovery from oversold conditions. The MACD shows a narrowing bearish crossover, suggesting a possible trend change. The Bollinger Bands indicate a wide range, with the price moving towards the mid-band.

Entry around $0.2420 and securing profits as the price approaches $0.2470 or $0.2500. A tight stop-loss at $0.2380 helps reduce risk

The breakdown below $0.2380 provides an opportunity to capitalize on further declines, with potential exits at $0.2330 and $0.2300. The stop-loss at $0.2420

**Note: All indicator readings are as per the time of this analysis. Exercise caution and do thorough research before making trading decisions.
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