š $PROVE /USDT ā Explosive Momentum Trade Setup
PROVE has shown an extraordinary surge of over 340%, breaking out from the $0.30 zone and tapping $1.92 before retracing. Volatility is high, and momentum remains strong with significant volume.
š Current Price: $1.3239
š¹ Key Support: $1.00 (psychological and former breakout level)
š¹ Major Resistance: $1.65 ā $1.92 (recent highs)
š¹ Volume: Extremely high, confirming breakout strength
š Long Setup (Volatility Strategy):
⢠Entry Range: $1.28 ā $1.35 (wait for stability)
⢠TP1: $1.5
⢠TP2: $1.8
⢠Stop Loss: Below $1.00
š” Trade Insight:
With volume still pouring in and strong community hype, PROVE may attempt to retest highs. But after such a sharp move, manage risk carefully ā ideal for experienced traders watching short-term volatility.