Market Overview for 1inch/Tether (1INCHUSDT) – 2025-09-20

• Price tested support at 0.254–0.255 before rebounding, with a bullish reversal pattern forming near 0.255.
• Moderate volume expansion occurred between 0.255 and 0.2575, suggesting renewed buyer interest after consolidation.
• RSI showed mild oversold conditions at 28.5, but without a clear breakout above key resistance at 0.258–0.259.
• Bollinger Bands tightened at 0.255–0.2555, indicating a potential pre-breakout phase.
• Turnover increased by 23% in the last 6 hours, with volume skewed toward 0.256–0.2575.

Price Performance and Volume Action

The 24-hour candle for 1INCHUSDT opened at 0.2564, touched a low of 0.254, and closed at 0.2571 near the end of the period. Total traded volume reached approximately 1.98 million 1INCH, with a notional turnover of $509,500. A bullish reversal pattern emerged from 0.255 to 0.2571, with volume and price action aligning to confirm a potential short-term bottom.

The price action appears to have found a temporary base between 0.255 and 0.256, where buying pressure has been consistent. A 20-period moving average on the 15-minute chart now supports the price at 0.2568, and the 50-period MA is approaching from below, suggesting a potential convergence zone.

Momentum and Volatility

The RSI currently stands at 50.5, indicating a balanced momentum state with no overbought or oversold extremes at this moment. The MACD is in positive territory, with a narrowing histogram, hinting that the upward momentum may be losing some steam.

Bollinger Bands have begun to expand after a period of contraction, with the price currently sitting just above the 20-period MA and within the upper 1σ boundary. This suggests a phase of increasing volatility that could lead to a breakout or false breakout attempt.

Support and Resistance Levels

Immediate support levels to watch are at 0.2562 (recent 15-minute low) and 0.2556 (minor support cluster). The key resistance zone lies between 0.2575 and 0.258, where price has previously stalled. A break above 0.258 could trigger a retest of the 0.259–0.2605 high seen earlier in the day.

Fibonacci retracement levels from the 0.254 to 0.258 swing place 0.2564 (current 15-minute MA) at 38.2%, and 0.257 at 50%, suggesting price could consolidate here before moving higher or retreating.

Backtest Hypothesis

Given the alignment of the 20- and 50-period moving averages and the RSI stabilizing near the midline, a potential backtesting strategy could involve a long entry at a retest of the 0.2568 level, with a stop-loss below 0.256 and a take-profit near the 0.2575–0.258 resistance zone. This approach would leverage the current convergence of momentum and volume signals, while using the Fibonacci levels to manage risk and target key price zones.