#ILV coin

To analyze the ILV/USDT 4-hour chart for a one-day intraday trade, here are key points for entry, take profit, and stop loss based on technical indicators and price action shown:

🔍 Chart Observations (4-hour timeframe):

Current Price: $14.74

24h Range:

High: $16.15

Low: $14.45

Recent High: $18.12

Trend: Currently in a downtrend after a sharp peak.

Moving Averages:

MA(7): $15.21

MA(25): $16.15

MA(99): $15.50

➡️ Price is below all key MAs, indicating bearish momentum.

📌 Strategy (Short-term Intraday)

✅ Entry Signal:

Entry Point (Short): ~$14.90–$15.10 (on any intraday bounce/retest of resistance at MA(7)/MA(99))

Alternatively, wait for confirmation of breakdown below $14.50 for aggressive short entry.

🎯 Targets

1. Take Profit (TP):

TP1: $14.20 – support from recent dip zone

TP2: $13.80 – near the next strong psychological level

TP3 (extended): $13.20 – previous local bottom zone (not likely in one day unless high volatility)

2. Stop Loss (SL):

Conservative: $15.30 – above MA(99) and MA(7)

Aggressive: $15.60 – above MA(25) and stronger resistance

📉 Risk-Reward Setup Example:

Entry: $14.95

TP: $14.20 (gain: $0.75)

SL: $15.30 (loss: $0.35)

➡️ Risk:Reward ≈ 1:2.14, good setup.