$ILV USDT – BEARISH PRESSURE PERSISTING, parabolic rally to the $26 zone, ILV has entered a sharp corrective phase. Price is now hovering near $19.35, just above the 24h low of $19.03. Lower highs and sustained selling pressure indicate weakening momentum, and a breakdown below $19.00 could open the way to deeper downside targets.
Trade Setup (Short):
Entry Zone: $19.30 – $19.50
Targets:
TP1: $18.80
TP2: $18.20
TP3: $17.50
Stop Loss: Above $19.90
Market Outlook:
The 1H chart shows clear distribution after the vertical pump, with sellers maintaining control. A breach of $19.00 could trigger increased volatility and accelerated selling. Caution for longs until reversal signals appear.