1INCH / TetherUS

1INCH, price is squeezed into a trading range. What to do?

1INCH broke through the global trend line but failed to break out of the trading range. While bitcoin and the entire market are in limbo, two potential scenarios are worth highlighting. The first and most positive scenario is for the price to return to the upper boundary of the trading range, squeeze, and breakout. This would likely signal the start of a new uptrend.
The second scenario is a continuation of the decline and a collection of liquidity below the low.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.

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