1INCH analysis (Binance). Date 8th of August 2021
1INCH is trading in the uptrend channel and respecting the support and resistance trendline. The next resistance area is $2.52-$2.57 and $2.85-$2.9 zone. Altcoins market looks good and its a good entry near $2.3-$2.35 with stop loss below $2. We may see a rally in coming days.
1INCH moving as expected. Hoping you added some 1INCH near $2.35 area. So far more than 13% profit from our entry. 1INCH is now at the uptrend channel resistance line and if broken upwards then we see a good rally otherwise we see retest of lower support zones. Increase you stop loss to buying price and hold. Keep Earning!