1INCH Token Slides 2.83% Amid Liquidity Concerns and Technical Resistance Despite Ecosystem Progress

1INCHUSDT has declined by 2.83% over the past 24 hours, with the current price at $0.0926 on Binance and a 24-hour trading volume around $11.42 million. The recent price drop can be attributed to persistent concerns about token liquidity following a late January sell-off, ongoing technical resistance at key price levels, and continued sideways trading despite ecosystem developments such as new protocol integrations and upcoming presentations. Intraday volatility and a lack of strong buying momentum have contributed to the price correction, as technical indicators showed overbought conditions and bearish patterns. The 1inch token maintains steady trading activity but has underperformed compared to the broader cryptocurrency market in recent days.