1INCHUSDT is testing the major ascending channel resistance as expected from my previous analysis.
RSI is printing a bearish divergence signal.
Potential retracement to the major ascending channel support / fibonacci retracement levels.
Sell entry ⬇️ - breakdown below the minor ascending channel support.
Target 🎯 - fibonacci retracement levels / major ascending channel support.
Setup invalidation ❌ - breakout above the major ascending channel resistance.
RSI is printing a bearish divergence signal.
Potential retracement to the major ascending channel support / fibonacci retracement levels.
Sell entry ⬇️ - breakdown below the minor ascending channel support.
Target 🎯 - fibonacci retracement levels / major ascending channel support.
Setup invalidation ❌ - breakout above the major ascending channel resistance.
