Market Overview for 1inch/Tether (1INCHUSDT) on 2025-10-12

• Price opened at 0.1866 and closed at 0.1838 after a bearish 24-hour decline.
• Volatility spiked as price dropped to 0.1764 before consolidating.
• RSI and MACD suggest moderate bearish momentum with no overbought signals.
• Volume surged during the initial decline but has since moderated.
• Bollinger Bands reflect a contraction in volatility in the final 6 hours.

The 1inch/Tether (1INCHUSDT) pair opened at 0.1866 on 2025-10-11 12:00 ET and closed at 0.1838 at the same time on 2025-10-12. The price reached a high of 0.1879 and a low of 0.1764 over the 24-hour period. Total volume traded was 11,947,879.9 1INCH, with a notional turnover of approximately USD 2,143,328.1 (based on average price).

Structure & Formations

Price action over the 24-hour period revealed key support and resistance levels. The most significant support level was identified at 0.1761–0.1769, where price consolidated for multiple 15-minute intervals during the midday drop. A notable bearish engulfing pattern formed on the 15-minute chart at 2025-1011 193000, where the candle closed at 0.1809 after opening at 0.1828, confirming a bearish continuation. Later, a bullish hammer at 2025-1012 041500 and a small doji at 2025-1012 070000 suggested potential short-term reversal signals.

Moving Averages

On the 15-minute timeframe, price remained below the 20SMA and 50SMA for most of the session, reinforcing the bearish bias. On the daily chart, the 50DMA and 200DMA are both in a descending alignment, consistent with a longer-term downtrend. A crossover of the 50DMA could signal a potential pullback, but given the recent bearish structure, such a move appears more likely to be corrective than a reversal.

MACD & RSI

The 15-minute MACD showed a consistent bearish divergence during the early part of the session, with price making higher lows while the MACD made lower highs. RSI crossed into oversold territory below 30 for a brief period, signaling potential support at 0.1764. However, the bounce that followed was weak and failed to hold above the 50SMA. The RSI remains in neutral to slightly bearish territory, indicating moderate selling pressure.

Bollinger Bands

Bollinger Bands reflected a contraction in volatility as the session progressed, particularly between 2025-1012 090000 and 12:00 ET. Price traded within the inner 1-std band for much of the last 6 hours, suggesting a period of consolidation. The narrowing bands may precede a breakout or breakdown, with key levels to watch being the 0.1819–0.1823 (middle band) and 0.1843–0.1847 (upper band).

Volume & Turnover

Volume spiked during the early bearish move, particularly at 2025-1011 193000 when the 15-minute candle saw a high of 229,710.3 1INCH traded. Turnover aligned with the price drop, indicating aggressive bearish participation. In the final 3 hours, volume has declined, suggesting a reduction in market participation and a potential pause in momentum. A divergence between price and volume may emerge if price declines further without a corresponding increase in volume, signaling weakening bearish conviction.

Fibonacci Retracements

Applying Fibonacci retracements to the key 15-minute swing from 0.1879 (high) to 0.1764 (low), price has found support at the 61.8% level at approximately 0.1803–0.1815. This area is consistent with the recent consolidation phase. Daily Fibonacci levels also suggest a possible support at 0.1823 (38.2%) and 0.1795 (61.8%), both of which are currently showing signs of consolidation.

Backtest Hypothesis

A potential backtesting strategy could involve entering long positions on a bullish reversal pattern (e.g., a hammer or bullish engulfing) forming near key Fibonacci or Bollinger Band support levels, with a stop-loss placed below the most recent 15-minute low. This approach would aim to capture short-term rebounds during the consolidation phase. Given the recent bearish momentum, it may also be prudent to include a trailing stop or close position on a retest of the 50SMA as a bearish signal. The RSI and MACD would serve as confirmation tools to assess the strength of the bounce.