#ILVUSDT Forming Bullish Momentum !ILV / TetherUSBINANCE:ILVUSDTCryptoAnalystSignal#ILV The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. A key support zone (in green) has been identified at 2.75. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 2.96 First Target: 3.03 Second Target: 3.10 Third Target: 3.20 You can close at the second target or wait for the third target to be reached. The choice is yours. Stop Loss: At the resistance zone (in green). Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.