1INCHUSDT Market Overview for 2025-11-11

Summary
• 1INCHUSDT traded in a 24-hour range of $0.2068–$0.2232 with a closing dip to $0.2137 at 12:00 ET.
• A notable bullish move occurred during the early session, peaking near $0.2232 before retracing.
• Volume spiked during the bullish phase, with over 2 million contracts traded at the peak.

1INCH/Tether (1INCHUSDT) opened at $0.2085 on 2025-11-10 at 12:00 ET and closed at $0.2137 on 2025-11-11 at 12:00 ET. The pair reached a high of $0.2232 and a low of $0.2068 over the 24-hour period. Total volume for the 24-hour period was 12.7 million contracts, with a notional turnover of approximately $2.76 million.

The 15-minute chart shows a volatile early morning rally from $0.2094 to $0.2232, with a large bullish candle forming during the 23:00–23:15 ET window. This suggests aggressive buying pressure, although the subsequent consolidation phase saw a bearish reversal with a high-to-low retracement. A key support level appears to be forming near $0.2135–0.2140, as the price has repeatedly found a floor in that range.

Structure & Formations

A Bullish Engulfing pattern formed at the beginning of the rally near $0.2094–$0.2114. The subsequent bearish reversal candle at $0.2232–$0.2185 could be classified as a Shooting Star pattern, indicating potential overhead resistance. The price has since settled near a prior support zone and appears to be testing its durability.

Moving Averages

On the 15-minute chart, the price closed above the 20-period MA but below the 50-period MA, suggesting moderate bullish momentum. The daily chart indicates the price remains below all three major MAs (50, 100, and 200), which suggests the pair remains in a bearish trend over a longer timeframe.

MACD & RSI

The MACD showed a bearish crossover during the early morning session, confirming the retracement from the high. RSI briefly reached overbought territory during the rally to $0.2232 and has since dropped to the 50–55 range, suggesting neutral to slightly bullish momentum.

Bollinger Bands

Volatility expanded significantly during the morning rally, with the upper band reaching $0.2245. The price has since settled within the narrowing bands, suggesting a potential consolidation phase. A break below the lower band at $0.2100 could trigger a short-term bearish move.

Volume & Turnover

Volume surged during the early morning rally, particularly between $0.2094–$0.2232, confirming the bullish momentum. However, the subsequent decline occurred with lower volume, suggesting a lack of follow-through from buyers. A divergence in volume and price could indicate weakening bullish conviction.

Fibonacci Retracements

Key Fibonacci levels for the recent $0.2094–$0.2232 swing appear at $0.2169 (38.2%) and $0.2135 (61.8%). The price has found support at the 61.8% level, suggesting a potential bounce back toward $0.2169–0.2175 in the near term.

Backtest Hypothesis

The recent 1INCHUSDT movement shows several signals that align with the backtest strategy involving Bullish Engulfing and Doji Star patterns. The Bullish Engulfing at the start of the rally was confirmed by rising volume and strong price action. A Doji Star formed near the $0.2232 high, indicating potential indecision or reversal. If applied consistently, such a strategy could capture early entries in bullish moves and exits near short-term peaks. However, the strategy would benefit from additional risk controls, such as a stop-loss below key support at $0.2110 and a take-profit near $0.2175.