$PROVE /USDT – 4H Trade Setup

Market Insight:

$PROVE is up +68.12% in the past 24H, now trading at $1.28, with a high of $1.55 and low of $0.5111. The rally is sharp and volume is massive (1.27B USDT, over 97M PROVE traded), indicating breakout momentum but potential volatility ahead. It’s above short-term MAs (MA5: 110M, MA10: 81.5M), showing buyer dominance.

Entry Zone:

$1.14 – $1.28 (wait for dip or retest of prior support near $1.14)

Targets:

🎯 Target 1: $1.37

🎯 Target 2: $1.55

🎯 Target 3: $1.72 (if momentum holds and breakout above $1.55 is confirmed)

Stop Loss:

$1.02 (below local support and 50% retracement zone)

Key Levels:

Support: $1.14 / $1.02 / $0.91

Resistance: $1.37 / $1.55 / $1.72

Pivot Point: $1.28

Pro Tip:

Avoid entering mid-pump. If price breaks and holds above $1.55 on strong volume, consider momentum-based entries for quick scalps. Else, wait for cool-off to $1.14 zone before positioning for the next leg up.

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