🟢 BUY Signal: Illuvium (ILV/USDT)
Timeframe 1-D.
Entry Zone: $34.62 - $38.55 (current price pullback from support zone)
Support Level: $34.62 (strong support area, marked in blue)
Take Profit Targets:
🎯 TP1: $53.73 (+39%)
🎯 TP2: $68.94 (+78%)
🎯 TP3: $106.11 (+174%)
Stop Loss: ❌ SL: $28.95 (-25%)
📉 Trend: Currently in a descending channel, but showing signs of a potential breakout from the downward trendline.
📊 Recommendation: Monitor for price action above $38.55 to confirm bullish momentum towards the take-profit levels. The risk-reward ratio looks favorable with defined support.
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This signal highlights a potentially lucrative setup with a calculated stop loss to limit downside risk.
