🚀 1INCH Analysis Update 🚀

1INCH has broken out of the long-term descending channel, signaling a potential bullish reversal. Here’s the breakdown of my technical analysis:

🔹 Imbalanced Zone: Price has retraced to the key demand zone around $405M market cap, which aligns with historical support levels. A strong reaction is expected here.

🔹 Targets:
• TP1: $504.73M
• TP2: $597.68M
These levels represent potential resistance zones where we could see price consolidate or reverse.

🔹 Momentum: Current price action shows healthy momentum, and if the support holds, we could see a significant rally toward TP1.

⚠️ Disclaimer: This is not financial advice. Please do your own research before making any trading decisions!

What’s your outlook for 1INCH? Share your thoughts below! 👇

#1INCH/USDT #1Inchusdt #CryptoNewss #ToTheMoon🌕✨