Are you thinking of buying 1INCH Network token(1INCH) and wondering if it still has room to run? Then this short and focused price breakdown is for you. Over the past 24 hours, 1INCH made a sharp push toward $0.237 but couldn’t hold above the $0.231 resistance level. After a strong start, the 1INCH price has entered a cooling-off phase. Momentum is starting to fade, but buyers are still defending key levels. Let’s dive in and see what the chart and indicators are signaling.
1INCH Price Analysis of 10th May, 2025
The 1INCH price action over the last 24 hours shows an early continuation of bullish sentiment carried from the previous day’s strong uptrend. 1INCH opened around $0.222 and steadily advanced within an uptrend path before breaking above the key support level of $0.2230 during a sharp bullish 1INCH breakout near 07:00 UTC. This upward momentum drove the price to a high of $0.2370 by 08:35 UTC, also breaching the marked resistance level around $0.233. RSI entered overbought territory during the breakout, confirming aggressive buying. MACD also showed a golden cross during the early rally, reinforcing bullish momentum.
Chart 1- 1INCH/USDT M5 Chart, Analyzed by Alokkp0608, published on May 10th, 2025.
Following the post-breakout peak, the 1INCH price sharply retraced to $0.2264 by 09:25 UTC. The RSI quickly dropped from its overbought condition, suggesting exhaustion in buying pressure. The market then slipped into a sideways range between $0.226 and $0.230 up to 13:30 UTC, with frequent rejection near the $0.229 mark. MACD crossed below the signal line during this phase, forming a death cross and signaling declining momentum. This flattening momentum created a stagnation period despite occasional minor RSI upticks toward the midline.
Buyers Regain Control After Downtrend
The sideways range broke down as the price entered a descending channel around 13:30 UTC, falling back toward the $0.223 support level by 14:35 UTC. This dip coincided with another MACD death cross and RSI approaching oversold levels, reflecting bearish pressure. However, the support held firm, triggering a steady rebound. From 15:00 UTC onward, 1INCH carved a new uptrend channel, climbing back toward $0.2316 by 00:15 UTC. This recovery was supported by another golden cross on MACD and RSI steadily rising without entering overbought zones, indicating sustainable momentum.
1inch Network token consolidation set in after reaching $0.2316, and between 00:15 UTC and 06:00 UTC, the token ranged between $0.226 and $0.231. Despite brief RSI overbought conditions around 03:00 UTC and 05:45 UTC, there was no aggressive follow-through, suggesting resistance at higher levels. MACD remained positive but flattened, showing signal line proximity with no clear direction. Minor attempts to reclaim the $0.231 mark were rejected, establishing it as a soft resistance zone just below the previous $0.233 level.
Consolidation Near Resistance After 1INCH Breakout
From 06:00 UTC to chart close, 1inch Network token traded in a tight sideways path between $0.2250 and $0.2312, reflecting indecision. Although price tested the upper end near $0.230 multiple times, it failed to sustain momentum above that level. RSI again entered overbought territory near 09:00 UTC but quickly dropped, while MACD registered a new death cross just before 11:00 UTC, hinting at momentum fading. The last visible candle at $0.2282 aligns with the broader pattern of resistance-driven consolidation near the local highs.
Bulls Losing Momentum as Resistance Holds Near $0.231
1INCH price appears to be losing short-term bullish momentum as consolidation near $0.231 meets repeated resistance and weakening signals on RSI and MACD. Price is currently neutral between the $0.2230 support level and the $0.2330 resistance zone, with $0.2250 emerging as a soft mid-support. RSI has exited overbought conditions, while MACD’s recent death cross shows a potential fading in upside strength. If buyers fail to reclaim $0.231 soon, the price could revisit $0.223 for a retest. However, holding above $0.225 may keep the recovery prospects alive. Expect a near-term range between $0.224 and $0.231 with a bearish tilt unless momentum rebounds.
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