### **ILV/USDT Short Trade Strategy** 🚨
#### **Current Market Overview**
- **Price:** $12.10 (+4.22%)
- **Trend:** Bullish exhaustion near resistance, potential reversal.
- **Key Structure:** Rejection at $12.25 could signal a short opportunity.
#### **Critical Levels**
- **Resistance:** $12.25 (Strong supply zone)
- **Support:** $11.70 (Initial target)
- **Breakdown Trigger:** $12.00 (Confirms bearish momentum)
#### **Trade Setup (Short)**
✅ **Entry Zone:** $12.10 – $12.25 (Optimal for risk-reward)
🎯 **Take Profit Targets:**
- **TP1:** $11.85 (Quick scalp)
- **TP2:** $11.60 (Mid-term swing)
- **TP3:** $11.30 (Aggressive downside target)
⚠️ **Stop Loss:** $12.35 (Above resistance to avoid fakeouts)
#### **Execution Plan**
1. **Wait for Confirmation:**
- Price must reject **$12.25** with a bearish candle (wick or engulfing).
- Breakdown below **$12.00** with increasing volume strengthens the short case.
2. **Ideal Entry Signs:**
- Lower highs forming on the **15m/30m chart**.
- Declining RSI (if below **60** after rejection).
3. **Risk Management:**
- SL at **$12.35** (allows for minor wicks above resistance).
- Partial profits at each TP level to secure gains.
#### **Why This Could Work?**
- **Resistance Retest:** $12.25 has acted as a ceiling before.
- **Bearish Divergence Possible:** If price rises but RSI/MACD weakens.
- **BTC Influence:** If Bitcoin stalls, altcoins like ILV may correct.
### **Final Thoughts**
- **High probability if structure confirms.**
- **No FOMO—wait for the right setup.**
- **Trade small, secure profits, and stick to the plan.**
**#ILV #ShortTrade #Crypto #SwingTrading**