【$ILV Signal】Short squeeze continues, pullback is bullish

$ILV 4H level RSI skyrocketed to 90.61, the price directly broke out of the upper Bollinger Band, initial signs of a buy-side gap. Market depth shows sell walls accumulating in the 5.54-5.55 range, facing the first resistance for bulls. The negative rate of -1.1757% is unusually eye-catching, shorts are being continuously squeezed, but open interest remains stable, and major funds have not withdrawn.

🎯Direction: Pullback to go long

⚡Entry/Order: Set near 5.429

🛑Stop loss: 3.795

🚀Target 1: 5.524

🚀Target 2: 5.547

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.

This extreme negative rate combined with firm prices indicates the short squeeze structure is still ongoing. The 4H MACD histogram is still expanding, momentum has not faded, but RSI is severely overbought, and the depth of the first correction determines the subsequent space. The EMA20 below at 3.976 forms a dynamic support, overlapping with the upper boundary of the entry zone, and the risk-reward ratio remains acceptable under the current structure.

Check real-time market 👇 $ILV
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