Market Observation: ILV continues to show bullish momentum and is within an area of interest. Current Situation: ILV is trading in a favorable zone for adding to a spot position. Strategy: Plan to add to the position on spot within the current range. Entry Point: Consider adding to the trade between the range of $130 to $150. Take Profit: Target profit levels at around $170 or $266. Stop Loss: Set a stop loss just below the support level, below $127, to manage risk.
π Note: Ensure to monitor the price action closely for confirmation of the entry point. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.