1INCHUSDT Market Overview – 24-Hour Analysis as of 2025-09-21

• 1INCHUSDT fell to a 24-hour low of $0.2544 before closing near $0.2553, showing bearish momentum and volume divergence.
• RSI reached oversold levels below 30, suggesting potential short-term rebound, but bearish bias remains strong.
• Volatility expanded during early session break, with price breaking below key support at $0.2562.
• Bollinger Band contraction was observed at 03:45 ET, followed by a sharp retest of the lower band.
• A bearish engulfing pattern emerged at 09:15–09:30 ET, confirming downward trend continuation.

1INCHUSDT opened at $0.2593 at 12:00 ET − 1 and traded in a bearish trend, hitting a low of $0.2544 before closing at $0.2553 as of 12:00 ET. Total volume over the 24-hour period was approximately 12,413,500 tokens, while notional turnover reached ~$3,209,916. Price action suggests continuation of a short-term bear phase amid expanding volatility.

Structure & Formations

Price action displayed clear bearish bias, especially after the 09:15 ET bearish engulfing pattern. A key support level formed at $0.2562–0.2565, where multiple bounces occurred, but failed to hold after 09:30 ET. A significant breakout below this level confirmed a short-term downtrend. Resistance appears to cluster at $0.2580–0.2584, with failed attempts to retest those levels in the latter part of the day. A morning doji at 03:45 ET indicated indecision, followed by a sharp drop toward the session low.

Moving Averages

On the 15-minute chart, the 20SMA and 50SMA were in a bearish crossover, supporting downward momentum. The 50-period moving average sat just above $0.2570, acting as a dynamic resistance. Daily moving averages (50D/100D/200D) were not included in the data, but the 15-minute indicators reinforce a short-term bearish setup.

MACD & RSI

The MACD crossed below zero and remained in negative territory, with bearish divergence evident after 03:45 ET. The RSI approached oversold territory, dipping below 30, but failed to spark a meaningful rebound. This suggests exhaustion in the short term but does not eliminate the possibility of a temporary bounce toward $0.2570. Momentum remains firmly on the downside, indicating traders should remain cautious.

Bollinger Bands

Bollinger Bands contracted between 03:30–03:45 ET, followed by a sharp expansion toward the lower band. Price tested the lower band at $0.2552–0.2555 multiple times, showing increased volatility and bearish pressure. The narrowing of the bands earlier in the session indicated a possible breakout, which materialized to the downside. Price is currently trading near the lower band, with potential for further retracement or a temporary rebound.

Volume & Turnover

Volume spiked sharply after the 09:15 ET bearish engulfing pattern, confirming the continuation of the downtrend. However, despite the price decline after 09:30 ET, volume remained moderate, signaling a divergence that could either indicate a possible short-term bounce or a lack of conviction in the move. Turnover also dipped slightly during the mid-session low, suggesting limited institutional participation. This could either indicate a false move or a consolidation phase.

Fibonacci Retracements

Key retracement levels were tested from the high of $0.2624 (early session) to the low of $0.2544. The 61.8% level (~$0.2569) held as a short-term resistance, while the 38.2% level (~$0.2585) acted as a failed retest. A potential bounce from the 23.6% level (~$0.2593) could indicate a temporary recovery but is unlikely to reverse the broader trend.

Backtest Hypothesis

Applying the described backtesting strategy to this 24-hour period, a trade signal could have been triggered at 09:15 ET with a bearish engulfing pattern and confirming volume spike. A stop-loss could have been placed above $0.2570, with a target near $0.2545–0.2549. This aligns with the RSI reaching oversold levels and the breakdown of key support, reinforcing the bearish thesis. While the initial signal was strong, the lack of follow-through volume after 09:30 ET suggests caution in relying solely on candlestick patterns without accompanying divergence confirmation in indicators like the MACD or RSI.