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1inch/USDT - currently accumulating in a horizontal channel, w | Crypto Signals ©

1inch/USDT - currently accumulating in a horizontal channel, we have had a bullish reaction off the .786 retracement and currently holding the .382 retracement which suggests further bullish continuation.
The $4.8-$5.2 level has also been previous resistance which is looking to be flipping to support and has the 50MA running through it - if this level holds I would expect the upper fib targets of $7.6-$8.85 to be achieved

https://www.tradingview.com/x/Tm40mT2L/