๐ Analysis:
Current Position: ILV is hovering above a previous resistance, now acting as support.
Potential Retest: Strong chance of retesting $110.
Target: Aiming for $133, presenting a potential 20% move.
Next Support: $93 is the next support level.
๐ Possible Scenario:
Retest Scenario: Potential retest of $110 before targeting $133.
Support Scenario: Watch for support confirmation, and monitor market dynamics.
๐ Note: Keep a close eye on ILV's behavior around key levels! ๐๐ #ILV #SupportTurnedResistance #RetestOpportunity ๐๐
Current Position: ILV is hovering above a previous resistance, now acting as support.
Potential Retest: Strong chance of retesting $110.
Target: Aiming for $133, presenting a potential 20% move.
Next Support: $93 is the next support level.
๐ Possible Scenario:
Retest Scenario: Potential retest of $110 before targeting $133.
Support Scenario: Watch for support confirmation, and monitor market dynamics.
๐ Note: Keep a close eye on ILV's behavior around key levels! ๐๐ #ILV #SupportTurnedResistance #RetestOpportunity ๐๐
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.