1INCHUSDT Market Overview – October 4, 2025

• Price dipped from 0.2714 to 0.2571 over 24 hours, ending near the lower end of the range.
• A bearish engulfing pattern emerged near 0.2713 with a 15-minute close of 0.2682, signaling downward bias.
• Volatility expanded during early ET hours, with a high of 0.2714 and a low of 0.2555 within a 6-hour window.
• Turnover spiked sharply around 16:00 and 15:00 ET, reflecting increased selling pressure and distribution.
• RSI approached oversold territory late in the session, hinting at potential short-term stabilization.

1INCHUSDT opened at 0.267 and reached a high of 0.2714 before dipping to 0.2555, ultimately closing at 0.2571 at 12:00 ET. Total volume for the 24-hour period was 13,218,914.6 and notional turnover was $3,611,806.10, with significant activity in late ET hours.

Structure & Formations

The 15-minute chart showed a key bearish engulfing candle at 16:00 ET, opening at 0.2713 and closing at 0.2682, which appeared to confirm a shift in momentum to the downside. A doji formed near 0.2685 at 22:45 ET, suggesting indecision. Resistance emerged around 0.2696–0.2714, while support appeared to hold at 0.264–0.2655.

Moving Averages

On the 15-minute chart, price ended the 24-hour period below the 20-period and 50-period moving averages, which were aligned at approximately 0.262–0.263, reinforcing a bearish bias. For daily timeframes, the 50-period MA was at ~0.2665, 100 at ~0.2685, and 200 at ~0.2690, with price ending below the 50 and 100 lines but near the 200.

MACD & RSI

MACD turned negative in the latter half of the 24-hour period, with bearish divergence evident as price made lower highs but MACD did not confirm with lower lows. RSI approached oversold territory near 30 at the close, indicating possible short-term stabilization, though it remains underbought for now.

Bollinger Bands

Bollinger Bands expanded in the early ET hours, with price reaching the upper band at 0.2714 before dropping to the lower band by 0.2555, suggesting a period of heightened volatility. Price closed near the lower band at 0.2571, a sign of potential overselling.

Volume & Turnover

Turnover spiked at 16:00 ET and again at 15:00 ET, coinciding with price breaking below key support levels. Notably, volume during the 0.2580–0.2610 consolidation period was muted, indicating weak participation. Divergence was noted between price and volume late in the session, with price declining while volume waned—suggesting possible exhaustion.

Fibonacci Retracements

Applying Fibonacci to the key 15-minute swing from 0.2683 to 0.2714 (16:30 to 16:45 ET), the 0.2696 level (38.2%) and 0.2690 (61.8%) acted as resistance. For the broader 24-hour move from 0.2714 to 0.2555, the 61.8% retracement level fell near 0.2636, which may now serve as a near-term support area.

Backtest Hypothesis

The backtesting strategy described focuses on identifying key bearish candlestick patterns—particularly engulfing and doji—combined with RSI entering oversold territory as a buy signal, and MACD turning negative with volume confirmation as a sell signal. Given today’s action, the bearish engulfing pattern at 16:00 ET and the RSI near 30 align with a potential long entry for a short-term trade, assuming a rebound to the 0.263–0.264 Fibonacci level. A stop below 0.2555 and a target near 0.2665 would align with risk-reward expectations.