Long‑trade setup for $PROVE /USDT at the current price of $0.8444
Support: $0.820–$0.835 (prior swing lows, Fibonacci retracement zone)
Resistance: $0.895–$0.92 (recent highs and pivot resistance)
TP1: $0.895
• TP2: $0.92
• TP3: $0.96
Stop‑Loss: below $0.815 (just under the support zone)
Support and resistance zones are identified using classic chart techniques such as previous highs/lows, Fibonacci levels, and pivot-derived ranges—key tools in technical analysis for signaling entry and exit points . A bounce off $0.82–$0.835 could confirm entry, while resistance near $0.90–$0.92 offers clear targets. A breach below $0.815 would invalidate the setup.