1inch/Tether USDt Market Overview
• 1INCHUSDT traded in a bearish range from 0.2608 to 0.2560 before forming a strong rebound.
• Momentum turned positive around 0.2560, with volume confirming the breakout above that level.
• A consolidation phase occurred between 0.2590 and 0.2615, with RSI showing moderate strength.
• Volatility expanded during the 0.2600–0.2643 swing, indicating rising interest and potential breakout.
• Final 15-minute candle closed at 0.2601, reflecting a potential short-term equilibrium.
At 12:00 ET–1 on 2025-09-10, 1INCHUSDT opened at 0.2606 and traded as high as 0.2663 and as low as 0.2560. By 12:00 ET on 2025-09-11, it closed at 0.2601. Total volume for the 24-hour period was 6,142,481.5, with a notional turnover of approximately $1,593,714.02.
Structure & Formations
The 24-hour price action of 1INCHUSDT displayed a strong bearish bias followed by a bullish reversal. A notable bearish engulfing pattern formed at 0.2608–0.2582, which was followed by a series of lower lows until the critical support level of 0.2560 was reached. From there, a bullish reversal began, marked by a hammer-like candle at 0.2563–0.2567, which signaled a potential bottom. This was followed by a bullish continuation above the 0.2590 psychological level. A strong bullish flag pattern emerged between 0.2590 and 0.2615, with key resistance at 0.2615 and support at 0.2600. The price closed near the middle of this range, indicating a consolidation phase.
Moving Averages
On the 15-minute chart, the 20-period moving average is currently at approximately 0.2604, with the 50-period at 0.2607. These averages show a slight bullish bias, with price hovering just below the 50-period line. On the daily chart, the 50-period moving average sits at 0.2600, with the 200-period at 0.2595, suggesting that the price is trading slightly above its long-term average and could face retesting from these levels in the next 24 hours.
MACD & RSI
The MACD line has turned positive, crossing above the signal line during the rebound from 0.2560. This suggests that short-term bullish momentum is building. The histogram has also expanded positively, indicating a growing bullish bias. The RSI has stabilized above 50, currently at around 52–55, suggesting moderate strength without overbought conditions. While not yet overbought, this could indicate that further gains are likely unless volume shows signs of fatigue.
Bollinger Bands
Volatility expanded during the 0.2600–0.2643 swing, with the upper band reaching 0.2663 and the lower at 0.2560. Price has since consolidated between the mid-band and upper band, indicating moderate bullish momentum. The current BollingerBINI-- Band width is at an elevated level, suggesting that a potential reversion or continuation could follow, depending on volume and order flow.
Volume & Turnover
Volume spiked during the bearish phase and again during the bullish reversal at 0.2560. The largest single 15-minute volume occurred at 0.2563 with 266,108.0 units traded, confirming a strong price reaction at that level. Turnover reached its peak during the 0.2615–0.2625 range with a total of 422,679.0 units traded. This suggests strong interest and conviction in the upward trend. A divergence in volume and price has not yet been observed, indicating that the current bullish phase is supported by strong order flow.
Fibonacci Retracements
Key Fibonacci retracement levels from the 0.2560–0.2663 swing show that 0.2594 (38.2%), 0.2625 (50%), and 0.2656 (61.8%) are critical levels to watch. The 61.8% level at 0.2656 appears to be a strong resistance area. On a daily scale, the 0.2600 level aligns with the 23.6% retracement of the recent low-to-high swing, suggesting that it may hold as a support or resistance in the next 24 hours.
Backtest Hypothesis
A potential backtesting strategy could focus on the bullish breakout from the 0.2560 support level and the subsequent consolidation above 0.2590. Traders may consider entering long positions on a confirmed close above 0.2615 with a stop loss below 0.2590. The RSI and MACD indicators suggest that momentum is building, and the volume profile supports the strength of this move. A Fibonacci target at 0.2656 could act as a first profit target. This strategy relies on the continuation of bullish momentum and the absence of a bearish divergence in volume or MACD, both of which would signal a reversal risk.
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