1INCHUSDT Breaks Out — But Overbought Signs Emerge

Summary
• 1INCHUSDT broke above key resistance around $0.0903–$0.0906 with strong bullish momentum.
• Volume surged past $190 million, confirming the breakout and reinforcing upward bias.
• MACD and RSI suggest sustained buying pressure but may be approaching overbought territory.
• Bollinger Bands widened significantly after a period of consolidation, indicating increased volatility.
• Fibonacci retracement levels suggest $0.0919–$0.0921 as next possible resistance ahead of $0.0926–$0.0931.

1inch/Tether (1INCHUSDT) opened at $0.0876 on February 24 at 12:00 ET, reaching a high of $0.0953 and a low of $0.0868, closing at $0.0908 on February 25 at 12:00 ET. Total 24-hour volume reached 2,165,920.8 tokens with a notional turnover of approximately $196.8 million.

Structure & Formations

1INCHUSDT formed a bullish breakout pattern over the last 24 hours, moving decisively above key resistance near $0.0903–$0.0906. The breakout was supported by a series of higher highs and higher lows, with a strong green candle on the 5-minute chart around 15:00–15:15 ET confirming the move. No major bearish reversal patterns were observed, but a potential bearish divergence in RSI may caution against excessive momentum.

Moving Averages and Momentum

Short-term moving averages (20/50-period) on the 5-minute chart are bullish, with the price consistently above the 50-period line. On the daily chart, the 50/100/200-period lines show a gradual upward trend, reinforcing the longer-term bias. The MACD crossed above the signal line and remains positive, while RSI climbed into overbought territory, suggesting a potential pullback may be near.

Volatility and Bollinger Bands

Volatility spiked as 1INCHUSDT broke through key levels, with Bollinger Bands expanding significantly. The price spent much of the 24-hour period in the upper third of the bands, indicating strong bullish momentum. A contraction in band width was observed around 02:00–03:00 ET, followed by a breakout.

Volume and Turnover

Volume and turnover surged sharply as 1INCHUSDT approached and crossed $0.0906, confirming the breakout. The highest volume spike occurred between 15:00–15:30 ET, when the price reached $0.0953. Turnover exceeded $33 million during this period, aligning with price action and reinforcing the move.

Fibonacci Retracements

Applying Fibonacci levels to the most recent 5-minute swing, key resistance appears near $0.0919–$0.0921 (38.2%) and $0.0926–$0.0931 (61.8%). On the daily chart, a retest of $0.0919 may act as a support before attempting a move toward $0.0931.

1INCHUSDT appears to have entered a strong bullish phase, supported by breakout levels, rising momentum, and confirming volume. Traders may watch for a test of $0.0926–$0.0931 for further conviction, but a retest of $0.0919 could provide a short-term opportunity. As always, a sharp volume divergence or a bearish candlestick reversal may signal a near-term risk.