$ILV
🚨 ILV/USDT Market Update – Key Levels to Watch! 🚨
The ILV/USDT pair is under pressure, currently trading at $55.52, down 10.98% in the last 24 hours. Bears are in control, dragging the price close to its critical support at $54.37. If this level breaks, it could open the door for deeper losses, but a bounce here may signal a short-term reversal.
📉 Resistance Zones:
$56.56: Immediate hurdle – bulls need to reclaim this level to show strength.
$59.09: Key barrier – breaking above could spark a sustained recovery.
💡 Trading Strategy:
Long Entry: Wait for a strong bounce above $56.56 to confirm bullish momentum. Place stops below $54.37 for risk management.
Short Entry: A breakdown below $54.37 could trigger further downside. Consider targeting lower levels with stops near $56.56.
🔥 Patience is key! Let the price action confirm its next move before committing. Keep an eye on volume and candlestick patterns to gauge market sentiment. Stay sharp and trade smart!
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