🟢 Why is 1INCH’s price up today? @1inch | $0.3453 | +11.7% (24h) TLDR: 1INCH jumped on a strong technical breakout, DeFi sector rotation, and investor focus on long-term team activity. Key Drivers: • Team Activity: 1inch team sold 904K tokens at $0.33 (EmberCN), but had previously bought back $6.65M worth since Feb at ~$0.20 avg, signaling long-term confidence. • DeFi Rotation: BTC dominance fell to 63.4%, rotating capital into mid-cap DeFi tokens. • Technical Breakout: Price broke key resistance at $0.33 (61.8% Fibonacci), triggering momentum trades. Technical Setup: • RSI (14): 85.58 → overbought but strong trend • MACD histogram: +0.0192 → bullish momentum • Volume: $175M (+2.1% YoY) • Next resistance: $0.41 (Fib 78.6%) • Support: $0.23 (200-day EMA) Conclusion: 1INCH is riding momentum from earlier buybacks, strong technicals, and DeFi market rotation. But high RSI signals risk of a pullback if BTC dominance climbs again.

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