TECHNICAL ANALYSIS OF PROVE TOKEN🎯🔥
The PROVE token is currently trading at 0.63$ and shows interesting conditions for a short-term trade. Technically, the key support is located at $0.60, a level where the price has recently found stability, while significant resistance is identified at $0.68, an area that could hinder any potential rebounds.
A long entry is recommended around the current price of $0.63, with take profit set in the range of $0.68-$0.70, to take advantage of the potential rise towards resistance. The stop loss should be placed below the support at $0.59, in order to limit losses in case of a breach of the support level.
This setup presents a calculated risk and an interesting potential return, aiming for a confirmation of strength in the support area and a possible push towards resistance, while always maintaining strict risk control. Always operate with low leverage and set appropriate stop losses
