As we can see, 1inch has formed a triple bottom pattern and has successfully broken the bearish trendline on the daily timeframe. It has already retested this level, confirming the breakout. Additionally, on the H1 (one-hour) timeframe using the Ichimoku indicator, we can observe the Tenkan-sen line crossing above the Kijun-sen line and also breaking above the cloud (Kumo). Based on these signals, I expect a bullish momentum in the short ter.
In conclusion, the combination of these technical factors (the triple bottom, trendline breakout, and Ichimoku signals) suggests a short-term bullish trend for 1inch.
