$ILV — From Rounded Bottom to Cup & Handle? 👀
The market has taken back virtually all the gains from ILV's previous rally after price was rejected at the $4.10 neckline resistance.
Now we're back at the $2.80–$2.90 base.
What was previously a rounded bottom could be evolving into a larger cup-and-handle formation, with the current decline potentially forming the handle.
🔍 Key levels:
$2.80–$2.90 — Critical support zone
$3.32 — Near-term resistance
$4.10 — Major neckline resistance
$5.49 — Potential target if the pattern confirms
What does 2Sydes say?
🔴 Trend: STRONG BEARISH
🟢 Money Flow: POSITIVE
🟠 Squeeze: ACTIVE
The bullish structure remains speculative. The handle needs to hold support, and price must eventually reclaim $4.10 to validate the pattern.
Is this another accumulation opportunity?
See what others miss. Trade with intelligence.
#ILV #CryptoTrading #TechnicalAnalysis #2Sydes
The market has taken back virtually all the gains from ILV's previous rally after price was rejected at the $4.10 neckline resistance.
Now we're back at the $2.80–$2.90 base.
What was previously a rounded bottom could be evolving into a larger cup-and-handle formation, with the current decline potentially forming the handle.
🔍 Key levels:
$2.80–$2.90 — Critical support zone
$3.32 — Near-term resistance
$4.10 — Major neckline resistance
$5.49 — Potential target if the pattern confirms
What does 2Sydes say?
🔴 Trend: STRONG BEARISH
🟢 Money Flow: POSITIVE
🟠 Squeeze: ACTIVE
The bullish structure remains speculative. The handle needs to hold support, and price must eventually reclaim $4.10 to validate the pattern.
Is this another accumulation opportunity?
See what others miss. Trade with intelligence.
#ILV #CryptoTrading #TechnicalAnalysis #2Sydes
