ILV rejected at resistance 118$

The ilv cup and handle did end up playing out hugely, you just had to be patient and not lever yourself into oblivion. This 118$ resistance is likely the largest resistance the token has in its history. Since most of the tokens history is rocketing upward or downward, not much meaningful price structure has been created. This is partially why these tokens can pump so hard, there are no old sellers left. If you look bad on the daily most of my dashed green resistances are only two days of price action.
This resistance is about 45 days of price action which is why it is so important. The best course would be for the token to correct to the red fib line or the demand and consolidate for a few pushes at 118$, but with the current hype it could blow right past, regardless I am net bullish, but I am not using leverage.