Technical analysis by Zorroreny about Symbol 1INCH: Buy recommendation (4/23/2025)

1INCH dipped to new low, is now oversold, has bullish divergence and it formed megaphone pattern. Pattern is similar to AIOZ bottoming pattern which resulted in strong reversal. I expect similar move from 1INCH which would mean bounce up, breakout from megaphone pattern and push for November 2021 pivot range. From there again correction time.