【$ILV Signal】Pullback confirmation, bulls' second attack

$ILV After a massive bullish candle on the 4H timeframe, the price pulls back and stabilizes above the EMA20. The buy order depth on the 1H timeframe is clearly better than the sell order depth, revealing capital support intentions. In a negative fee environment, the price remains resilient, with potential for short squeeze.

🎯Direction: Long

⚡Entry: Enter directly around 4.550

🛑Stop loss: 3.842

🚀Target 1: 4.576

🚀Target 2: 4.595

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to break-even. If the price falls back to the entry level, exit automatically to protect capital.

The 1H RSI has fallen from a high level to around 55, providing room for another upward move. Although the histogram on the 4H MACD has slightly contracted after a golden cross, both lines remain above the zero axis, so the trend remains intact. Looking at the order book data, there are dense orders below 4.57, forming effective support. Under this structure, while the risk-reward ratio isn't perfect, the certainty of capital support is higher, making it worthwhile to take a small position for a second push higher.

Check real-time market 👇 $ILV
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