$ILV /USDT – BEARS STILL PRESSURE, BOUNCE LOOKS WEAK ⚠️
ILV has dropped nearly -5%, hitting a low of 16.48 before a small rebound toward 16.65. Despite the bounce, the price remains below the MA(25) and MA(99), showing sellers still in control. Unless bulls reclaim 16.90+, downside momentum is likely to continue with further pressure on support levels.
Trade Setup:
Entry (Short): 16.65 – 16.75
Take Profit 1: 16.30
Take Profit 2: 15.90
Stop Loss: 16.95
Market Outlook:
Short-term trend is bearish, with lower highs and rejection from moving averages confirming weakness. If 16.50 fails again, deeper correction toward 15.90 becomes possible. Only a strong breakout above 17.00 would flip the bias back to bullish.
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buy and trade here on $ILV