1INCH is currently trading at $0.178472, reflecting a 24-hour decline of 2.87%. The price has fluctuated within a daily range of $0.007282, hitting a high of $0.184767 and a low of $0.177485 during this period, indicating limited volatility.

The trading volume stands at approximately 15.6 million, contributing to a volume-to-market cap ratio of 6.24%. The recent downward trend in price is supported by the moving averages, with the 8 SMA at $0.1809 and the 13 SMA at $0.1804, both indicating negative momentum, alongside more significant resistance at the 55 SMA of $0.1832.

Momentum indicators show a 1-hour RSI of 45 and a 7-day RSI of 43, both suggesting the asset is nearing oversold conditions. However, the 7-day and 14-day price changes of -3.56% and -9.35% respectively indicate sustained bearish sentiment over the short to medium term.

The 30-day price change of -10.06% further emphasizes the continued downtrend in the asset’s value, along with the stark contrast to its all-time high of $8.65 from October 2021. This historical peak underscores the significant depreciation that has occurred, as current levels are over 97% lower than the all-time high.

Given the current bearish trend, lack of strong buying pressure, and negative momentum indicators, the outlook for 1INCH is cautious. A potential reversal could occur if it breaks above key resistance levels, particularly around the 55 SMA, but current conditions suggest a continuation of the downtrend.

Rating: Sell. The ongoing negative price action and weak momentum indicators do not support a bullish case at this time, indicating a lack of buying interest and further potential for declines in the near term.