Technical analysis by SasanSeifi about Symbol ILV: Buy recommendation (11/16/2024)

Hey there, ✌ On the daily timeframe ILVUSDT, we can see that the price has shown a relative increase from the $30 support zone and managed to rise up to the $46 area after breaking the previous high at $42. Following this upward move, the price pulled back to the $36 level and experienced a positive reaction, resuming its growth.The overall market outlook is bullish, and given the current conditions, if the price stabilizes above the $42 level, the uptrend is expected to continue. In this case, the price could potentially move toward key targets of $47 and $53, with momentum possibly pushing it to $60. Reaching these new levels could indicate the formation of a Higher High (HH).Monitoring price reactions at key levels, especially after surpassing the $41 zone, is crucial. The current major support level is $36.💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!Happy trading!✌😎Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌As expected, the price has increased by 38%, the first target has been reached, and the price is now moving towards the second target.🍻🤑🚀done 🍻🚀🔥🤑 45%