๐ 1INCH is showcasing a promising trajectory, having broken out from the descending channel, setting the stage for bullish sentiments.
๐ It's maintaining a strong position above the EMA 50, and the RSI is also above the 50 band, reinforcing the bullish momentum.
๐ With a clear bullish price retest, we anticipate the price to grab liquidity and then make a bullish move.
๐ Above, we have a Bearish OB level that the price is expected to mitigate. ๐ However, if the price enters the invalidation zone, 1 INCH could experience a significant downward shift.
๐In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey