🔻 $ILV /USDT - Selling Opportunity After Sharp Rise
The price of $ILV rose from $14.63 to $23.56 in one movement, showing signs of exhaustion with lower highs and strong pullbacks on the 15-month chart. The current price action suggests a potential corrective phase.
---
🔴 Short Entry Zone:
$21.80 - $22.80
🎯 Take Profit Targets (TP):
1. $20.00
2. $18.30
3. $16.70
4. $15.20
5. $13.90 or more
❌ Stop Loss (SL): $23.70 (above the wick high)
---
📊 Technical Notes:
• High trading volume at the local peak near $23.56
• Losing upward momentum with consecutive lower highs
• The 15-month structure suggests a potential collapse
---
📝 Note: Volatility is high - ideal for quick speculation or short-term corrections. Ensure to size your trades before fully entering.
#ILV #short #CFTCCryptoSprint #BTCUnbound #BinanceHODLerPROVE