$ILV /USDT BEARS TAKE CONTROL AFTER STRONG REJECTION FROM $24.80
Price faced heavy rejection from the $24.80 peak and is now retracing towards key support. The breakdown through the short-term moving average signals weakening momentum, with sellers likely to test lower zones unless strong buying support appears.
Trade Setup:
Short Entry: $22.30 – $22.60
Take Profit 1: $21.50
Take Profit 2: $20.80
Stop Loss: $23.10
Market Outlook:
Momentum has shifted in favor of bears as selling pressure builds. Sustained trade below the 25 MA could push ILV towards deeper retracement zones, while a recovery above $23.00 would be needed to regain bullish momentum.
#ILVUSDT #CryptoTrading #BearishTrend #Altcoins #Binance
buy and trade here on $ILV