🚀 ILV just hit a new high on the 28th
But the RSI is already at 74
This isn’t the time to FOMO in.
The moving averages are bullish, and the volume at 3.3 times is looking good.
The issue is: the price has run too far ahead of the moving averages.
The EMA144 deviation is +14%, and the EMA233 deviation is +16%.
In this scenario, jumping in directly could get you wiped out with just one bearish candlestick.
✅ The right move is to wait for a pullback to the moving averages to confirm support.
Where to pull back? Around 4.79, EMA144 × 0.995.
If it holds, then consider going long.
If it doesn’t hold, the bullish moving average setup becomes invalid.
You don’t need to rush in right now.
What you need is to wait for a structure with higher certainty.
⚠️ Technical analysis is for reference only and does not constitute investment advice
#ILV #cryptocurrency
$ILV