๐ $PROVE /USDT Long Setup โ Price at $1.1932
Support Zone:
Key support is holding between $1.19โ$1.23, the consolidation range after PROVEโs explosive move from $0.30 to nearly $2.00. A deeper support sits at $1.08โa break below this level could signal further downside and invalidate the setup.
Resistance & Target Levels:
Initial resistance is around $1.48โ$1.55, with potential upside targets reaching $1.70 and $1.88, where heavier selling pressure may emerge.
Trade Targets:
๐ฏ TP1: $1.48
๐ฏ TP2: $1.70
๐ฏ TP3: $1.88
Stop Loss:
Set at $1.08. A clean drop below this zone would break structure and suggest the bullish setup has failed.
๐ Summary:
Look to enter between $1.19โ$1.23, riding momentum toward the $1.88 zone. Use a tight stop-loss at $1.08 to manage risk effectively.
Let me know if you want to adjust this setup for different timeframes.