The price of Illuvium ($ILV ) on September 6, 2025, is $14.74, showing a 10% increase over the last 24 hours. Let's analyze the current dynamics and prospects! 📊
Technical analysis: $ILV is moving in an upward channel on the 4-hour chart, demonstrating strong bullish momentum. RSI at 68 indicates potential overbought conditions, but trading volumes are increasing, confirming buyer interest. Key support levels: $13.50–$14.00; resistance: $15.50–$16.00. A breakout above $15.50 may signal further growth.
Fundamental background: The recent hype around gaming tokens and the development of the Illuvium ecosystem support optimism. However, the volatility of the crypto market requires caution.
Bullish scenario:
• Entry point: $14.80–$15.00 (on a pullback to support).
• TP: $16.00 (+8%), $17.50 (+18%).
• SL: $13.80 (-6%).
After reaching TP1 ($16.00), move SL to breakeven.
Bearish scenario:
• Entry point: $14.50 (upon breaking support).
• TP: $13.50 (-7%), $12.80 (-12%).
• SL: $15.20 (+5%).
Recommendation: Use 2–3% of your deposit to minimize risks. Keep an eye on volumes and news! 📈
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