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【$1INCH Signal】Empty position, price decline accompanied by abnormal open interest
$1INCH Price decline accompanied by high open interest, market logic suggests caution against main force distribution risk. Currently, there are no clear signs of buy-side absorption, and price action is relatively weak.
🎯 Direction: Empty position (NoPosition)
Wait for the price to show clear buy-side absorption and decreasing open interest signals in key support zones (such as 0.10-0.105) before evaluating a long opportunity. The current risk-reward ratio is unfavorable, so it is advisable to stay on the sidelines.
Trade here 👇 $1INCH
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