$ILV /USDT Trading Signal Strong Bullish Momentum 💯

Current Price: $22.00

24h High: $24.80

24h Low: $18.38

Support Levels: $20.63 / $19.12 / $17.96

Resistance Levels: $22.13 / $23.64 / $24.80

Volume (24h):

ILV: 2.25M

USDT: 47.80M

Trend Analysis:

ILV showed a strong rebound from the $17.96 support level, hitting a local high of $24.80 before facing rejection. The price has now pulled back and is trading around $22.00, attempting to regain bullish momentum.

Signal Type: Bullish Recovery

The recent green candle with good volume suggests buyer interest returning after the pullback.

Entry Zone: $21.50 – $22.20

Target 1: $23.64

Target 2: $24.80

Stop Loss: $20.30

Risk/Reward Ratio: Approx. 1:2.5

Technical Indicators:

Price bouncing from recent low suggests bullish reversal

Volume remains high, indicating strong market activity

Candle structure shows bullish engulfing pattern near support

Strategy Suggestion:

Buy on dips near $21.50–$22.00 with a stop below $20.30. Monitor resistance near $23.64. Close partial profits if the price struggles to break $24.80.

$ILV