IILV is showing a classic rectangle bottom pattern, signaling a potential long-term buying opportunity. The price is consolidating at what could be the most likely bottom, presenting a favorable risk-to-reward ratio for swing traders.
Top of the range: $140-$150 A range break could propel ILV towards the next major resistance zones around $400-$500, offering substantial upside. Keep an eye on the price action at the top of this range—if we get a confirmed breakout, this asset could be set for a major move!
🔍 Watchlist it for potential entries at support or a breakout above resistance. 🚀
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