$PROVE /USDT – Short Trade Setup for Spot and Futures Traders
Current Price: $1.3904
24h High: $1.9250
24h Low: $0.3000
Volume: 271M PROVE
Why Watch PROVE Now?
PROVE moved up fast earlier but is now showing weakness. After reaching $1.92, the price dropped and is struggling to stay above $1.40. Sellers are starting to take control, and if the price falls below $1.30, more downside is likely.
Key Levels to Monitor:
Resistance Zones: $1.50 and $1.65 (price may face selling here)
Support Zones: $1.30, $1.15, and $1.00 (price may bounce or pause here)
Short Trade Plan:
Entry Zone: $1.38 – $1.42
Stop Loss: Above $1.50
Target 1: $1.30
Target 2: $1.15
Target 3: $1.00
Summary:
$PROVE looks weak after the big pump. The price is dropping, and lower highs are forming. If it stays below $1.40, a bigger drop can happen. This is a good setup for short trades. Use tight stop-loss and manage risk carefully. Watch the $1.30 level — if it breaks, sellers may take it further down.