$PROVE /USDT, based on the most recent data:
$PROVE /USDT – BREAKOUT RETEST COMPLETED, NEXT LEG LOADING?
Current Price: 1.0152 USDT
24H Change: +238.40%
Volume (24H): 176.86M PROVE / 139.78M USDT
24H Range: Low 0.3000 → High 1.1074
Key Levels (Support & Resistance):
Resistance Zone: 1.1074 → 1.1478
Current Price: 1.0152
🔻 Support Levels: 0.7925, 0.6149, 0.4373, 0.3000
> Price has pulled back after hitting the 1.1074 high and is now consolidating — a typical bullish retest zone.
Technical Indicators:
MACD: Still bullish — histogram showing strength
SAR: Below price — uptrend confirmed
Bollinger Bands: Retesting middle band — volatility contraction phase
MA/EMA: Both upward sloping — trend continuation probable
Volume: Healthy and sustained — no sign of exhaustion yet
TRADE SETUP – LONG ENTRY
Entry Zone: 0.98 – 1.03 USDT
Targets (TP):
1.10 – Reclaim 24H high
1.18 – Psychological breakout
1.30 – Next leg target
1.50 – Extended upside
Stop Loss (SL): 🔻 0.90 USDT (below retest structure)
RISK MANAGEMENT:
Use 2–5% capital per trade
Risk:Reward Ratio ≥ 1:2
Trail SL as price hits first target
No FOMO entries above resistance without breakout confirmation
FINAL WORD:
just completed a massive rally and is now entering a potential continuation phase. If volume stays consistent and price holds above 0.98, next leg could ignite quickly.
Patience on retest = profits on breakout.
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Chart image of this setup
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Long-term FA/TA breakdown combo
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