🚨 BREAKING NEWS! 🚨 #Illuvium ($ILV ) surges 60% in 24 hours. Is this the beginning of an epic rally or a bear trap?

The GameFi ecosystem continues to amaze us. Illuvium has just experienced a stunning 60% spike, bringing its price to $24.41.

A move that has left everyone breathless!

But what is behind this meteoric rise? The answer is clear: the anticipation for the Illuvium Pro League 2025, which kicks off on August 16.

Warning signs: Is a correction coming?

There are two key indicators that urge us to be cautious:

* RSI in overbought territory: The Relative Strength Index (RSI) of ILV is above 70, a level that historically precedes corrections. The current euphoria could give way to a massive profit-taking.

* Long-term "holders" are selling: The "Consumed Age" metric has reached a peak, meaning that investors with large volumes of ILV are moving their tokens to capitalize on their gains. This selling pressure could curb the bullish momentum.

What is the future of Illuvium? Two possible scenarios. The price of ILV is at a crossroads, right at the resistance of $27.01.

* Bullish scenario (Bull): If demand continues, $ILV could break the $27.01 barrier and head strongly towards $30.00, consolidating its gains.

* Bearish scenario (Bear): If selling pressure prevails, we could see a drop to $19.56, wiping out much of the rally and leaving many with empty hands.

What do you think will happen? Will $ILV continue to rise without limits?