I really like this! great first pass on the design; it's easily readable while keeping that stylized font. Personally im on the fence about the loop at the end of the L as i think keeping the ornamentation contained inside with the E and i feels more streamlined. Got the right idea having the top of the L match the tops of the V though. I just started myself as well and worked on my first tag design ideas today! been into word art / lettering / calligraphy for abt a decade tho