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【$1INCH Signal】Empty Position Weak Consolidation After Breakout with Increased Volume
$1INCH Enters Weak Consolidation After Volume-Driven Drop, Price Action Indicates a Downward Continuation Rather Than Valid Support. High Open Interest Amid Price Decline Suggests Long Positions Are Being Cleansed or Main Players Are Continually Offloading, Market Sentiment Is Bearish.
🎯Direction: Empty Position
Wait for the price to rebound to a key resistance level (such as the 0.105-0.107 range) to see if supply signals appear, or consider shorting if the volume breaks below the current consolidation low (around 0.100). Currently, the market lacks a clear bullish structure; forcing a bottom is highly risky.
Trade 👇 $1INCH
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