$ILV

/USDT Technical Analysis (Bearish Bias)

Current Price: $16.20 | Rs4,595

Pattern: Forming a descending channel with lower highs; momentum showing signs of bearish pressure.

Entry Levels: $16.10 – $16.00 for short positions.

Stop Loss: $16.50 to manage risk above recent resistance.

Target Levels 🎯:

$15.70 – first support test

$15.40 – mid-term bearish target

$15.10 – strong support zone

Market Outlook: Price likely to continue downward unless it breaks above $16.50 resistance. Momentum favors bearish continuation.

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