$PROVE /USDT – BEARS STILL IN CONTROL AFTER FAILED REBOUND ATTEMPT! 🔻
Despite a brief recovery, $PROVE failed to hold above $1.05 and is once again sliding downward. Price remains under heavy bearish pressure, forming lower highs with strong rejection from resistance zones. The recent bounce from $0.99 was weak, and sellers are regaining momentum. This opens up the potential for another breakdown below $1.00 if support cracks.
🔻 SHORT TRADE SETUP
• Entry Zone: $1.030 – $1.050
• Take Profits:
• TP1: $0.995
• TP2: $0.960
• TP3: $0.915
• Stop Loss: $1.075
📊 Market Outlook:
Momentum indicators remain neutral-to-bearish with MACD flattening and volume declining on green candles. As long as price stays below $1.05, downside continuation remains the likely scenario. Only a strong close above $1.08 would negate this bearish outlook.
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buy and trade here on $PROVE