$ILV 🔥 BREAKOUT CONTINUATION 🔥
Market Snapshot
Price: $18.50 USDT
Volume (24 h): ~$12.3 M USDT
Context: ILV recently completed a strong rally, forming a rectangle bottom pattern and now retesting key support zones after topping around $20–$21
Technical Sentiment: Multiple time-frame ratings from Investing.com show strong buy bias, though leading indicators such as RSI and MACD suggest momentum may be moderating
Trade Setups
Pullback Long (High Probability Entry)
Buy Zone: $17.50 – $18.25 (Fib 0.618–0.500 support area)
Entry Trigger: Bullish reversal candle + RSI bounce from near 50
Targets:
T1: $19.00 (Fib 0.382)
T2: $19.65 (Fib 0.236)
T3: $21.00 (swing high breakout zone)
Stop-loss: Below $17.40 (slightly under Fib 0.618)
Risk Management
Risk per trade: 1–2% of capital
Entry orders: Use limit buys near specified zones
Alerts: Set at $17.50, $18.25, $19.65 for reaction and breakout zones
Monitor broader crypto moves, especially ETH/BTC correlation — ILV often tracks gaming/de-fi cycles
---
Disclaimer
This strategy is educational only and not financial advice. Illuvium (ILV) is a volatile mid-cap token tightly linked to GameFi sentiment. Always DYOR, apply disciplined risk management (e.g., stop-loss and position sizing), and trade only with funds you can afford to lose.
#BinanceHODLerPROVE #Share_or_Quote_This_Post #like_comment_follow
