ILVUSDT - Good timing to buy?

BYBIT:ILVUSDT   ILVUSDT Perpetual Contract
1H trend chart
ILV is building a possible cup and handle pattern.
If price can break out the upper downtrend line, trading strategy as below.
Profit Targets:
a) 1387.8----Fib(1)
b) 1434.9~1453.9----Fib(1.272~1.382)
c) 1494.8----Fib(1.618)

Stop losses:
a) 1300.1-----Red horizontal ray
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