1inch/Tether Market Overview for 24 Hours

Summary
• Price action formed a bearish trend with key support at 0.1736 and resistance at 0.1762 on 5-min OHLCV.
• RSI signaled moderate oversold conditions, with potential for a short-term bounce.
• Volume surged during the 09:15–10:30 ET window, confirming a bearish breakdown.
• Bollinger Bands showed expansion, reflecting increased volatility toward the session close.
• A potential 61.8% Fibonacci retracement level at 0.1751 may act as a near-term resistance.

1inch/Tether (1INCHUSDT) opened at 0.1856 on 2025-12-09 at 12:00 ET, peaked at 0.1879, and closed at 0.1759 on 2025-12-10 at 12:00 ET. The total volume was 2,317,880.1 1INCH, with a notional turnover of approximately $414,117.

Structure and Formations

The price action displayed a clear bearish trend throughout the 24-hour window, with multiple lower highs and lower lows. Notable candlestick patterns included a bearish engulfing pattern at 0.1878–0.187, suggesting a shift in sentiment. Key support was identified at 0.1736, with the 61.8% Fibonacci retracement at 0.1751 acting as a potential resistance ahead of a larger 0.1762 level.

Moving Averages and Momentum

Using 20- and 50-period moving averages on the 5-minute chart, the price remained consistently below both, reinforcing bearish momentum. The RSI reached 30 for a brief period in the late hours of the session, indicating short-term oversold conditions, but failed to spark a meaningful bounce.

Volatility and Bollinger Bands

Bollinger Bands expanded as the price moved lower, especially from 03:00 to 09:00 ET, indicating heightened volatility. The price settled near the lower band at session close, suggesting a continuation of downside pressure.

Volume and Turnover

The largest volume spike occurred between 09:15 and 10:30 ET, with over 238,000 1INCH traded in the 09:15–09:30 ET period, confirming the breakdown below 0.176. Turnover spiked alongside volume, with no notable divergence between the two metrics, supporting the bearish narrative.

Looking ahead, traders may watch for a test of the 0.1751–0.1762 range for potential short-term retests. A break below 0.1736 could trigger further momentum. As always, increased volatility or unexpected macroeconomic events could disrupt the current trend.