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Now, let’s dive into this chart analysis:
1INCH has reached the lower support trendline, ranging between $0.20 and $0.27. This support range is crucial for 1INCH to hold.
The Stochastic RSI is in the oversold zone, indicating that bullish momentum may develop soon.
To reach its all-time high, 1INCH would need a 30x gain from the current price. For now, 1INCH needs to rebound and rally toward the primary resistance at $0.644.
Key levels:
- Crucial Support/Entry: $0.20 to $0.27.
- Primary Resistance/Target: $0.644.
- Stochastic RSI: Oversold.
DYOR, NFA.
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