$ILV /USDT BEARISH BREAKDOWN ๐ป | SHORT SETUP ACTIVE
๐ฎ Current Price: $11.60
๐ Timeframe: 1H / 4H
๐ Trend Bias: Bearish (weaker bounces, lower highs, pressure building below support)
๐ KEY LEVELS:
๐ Resistance Zones:
$12.30 โ Key resistance (24H rejection zone)
$12.00 โ Psychological barrier & prior support turned resistance
๐ Support Zones:
$11.50 โ Immediate support
$11.40 โ Key breakdown level
$11.20 โ Next demand zone if $11.40 breaks
๐ผ TRADE SETUP (SHORT):
๐ Entry Zone: $11.70 - $12.00 (ideal retest range)
๐ฏ Take Profit Targets:
TP1: $11.40
TP2: $11.20
๐ Stop Loss: $12.35 (above resistance & 24H high)
๐ง RISK MANAGEMENT:
Risk only 1-2% per trade. Set SL firmly, especially with lower liquidity assets like ILV. Avoid FOMO & stick to structure ๐ฏโ ๏ธ
๐ฅ Pressureโs onโshort the retest, ride the fade! ๐ป๐
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