š» $ILV /USDT ā Short Opportunity After Aggressive Pump
$ILV surged from $14.63 to $23.56 in a single move, showing signs of exhaustion with lower highs and strong rejection wicks on the 15m chart. Current price action suggests a potential correction phase.
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š“ Short Entry Zone:
$21.80 ā $22.80
šÆ Take Profit Targets (TP):
1. $20.00
2. $18.30
3. $16.70
4. $15.20
5. $13.90+
ā Stop Loss (SL): $23.70 (above the wick high)
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š Technical Notes:
⢠Heavy volume at local top near $23.56
⢠Loss of bullish momentum with consecutive lower highs
⢠15m structure suggests potential breakdown
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š Note: Volatility is high ā ideal for quick scalps or short-term retracements. Confirm with volume before full entry.