Thoughts on $ILV 🔍📉

$ILV is stuck in a clean descending channel, with weaker bounces and sellers defending every move. It’s now hugging the lower boundary, still below the 9EMA, classic controlled downtrend 🚨

As long as it stays under the midline + $8–$9 zone, bearish bias stays strong 🐻

A breakdown = more downside ⬇️

Only a strong reclaim of the upper channel flips the trend 🔄

For now, bears in full control. 🟥