1INCHUSDT Market Overview: Volatility and Breakout Potential in a 24-Hour Frame

Summary
• Price surged to $0.2066 before retracting, forming a bullish flag pattern.
• Strong volume spikes confirmed key breakout attempts, especially after 20:00 ET.
• RSI reached overbought territory before a pullback, suggesting potential short-term exhaustion.
• Volatility expanded during the rally, pushing prices toward the 0.205–0.206 resistance zone.

1INCHUSDT opened at $0.1996 on 2025-11-08 at 12:00 ET and closed at $0.2015 by the same time on 2025-11-09. The price hit a high of $0.2066 and a low of $0.1961, with a total volume of 10,766,334.9 and a turnover of $2,155,152.7 in the 24-hour window.

The price movement on 1INCHUSDT displayed a clear two-phase trend. Initially, the pair drifted lower with a series of bearish candles after 00:00 ET, reaching the intraday low of $0.1961. This was followed by a sharp reversal and a 3.5% recovery over the following 10 hours, driven by increased volume and upward momentum. A key resistance level appears to be forming near $0.206–0.207, as seen by a failed breakout attempt at $0.2066, which could be a critical area for the next 24 hours.

The 20-period and 50-period moving averages on the 15-minute chart intersected during the reversal phase, suggesting a potential shift in trend. The RSI reached 70+ during the rally, indicating overbought conditions, while the MACD line crossed above the signal line with increasing histogram bars, confirming bullish momentum. Bollinger Bands showed significant expansion during the rally, with the price closing near the upper band, a sign of high volatility.

Volume and turnover data confirmed the strength of the rebound, particularly between 20:00 and 21:00 ET, where volume spiked to over 562,859.1 and turnover surged. This aligns with the breakout attempt near $0.2066, suggesting strong buyer participation. However, a divergence appears in the final hour, with a drop in volume despite a price increase—possibly signaling waning momentum.

The 0.2033 level appears to be a key Fibonacci retracement level (around 61.8% of the swing from $0.1961 to $0.2066), and it acted as a support zone earlier in the day. The price may test this level again if the upward move fails to extend beyond the $0.205–0.206 resistance range.

Backtest Hypothesis
The described strategy aims to backtest resistance-level breaks with confirmation from volume and momentum indicators (RSI/MACD). A potential approach would involve entering long positions when the price closes above a key Fibonacci or Bollinger Band upper bound, with volume above the 20-period average and RSI above 50. Stops could be placed below the most recent swing low, with targets set at the next Fibonacci or resistance level. This aligns with the observed 15-minute chart behavior and could be used to assess profitability in a backtest using a more precise dataset.

A visual representation of the 24-hour price action would highlight the bearish decline, bullish reversal, and key resistance levels around $0.205–0.206. A candlestick chart overlay with Bollinger Bands and moving averages would illustrate the volatility and trend shifts.

A volume profile and RSI plot would further clarify the timing of the momentum shift and divergence observed in the final candle. A histogram of volume spikes and turnover would align with the critical price points on the chart.