$PROVE USDT BEARISH TREND EXTENDS AS SELLERS TARGET NEW LOWS
$PROVEUSDT failed to hold above the $1.00 mark after a sharp rejection from 1.0620, triggering a steady decline. Price is now hovering near the 0.97 zone with repeated lower highs, signaling persistent selling pressure. A breakdown below 0.9660 could open the door for deeper losses in the short term.
Trade Setup (Short):
Entry Zone: 0.9750 – 0.9820
Take Profit 1: 0.9660
Take Profit 2: 0.9550
Take Profit 3: 0.9400
Stop Loss: Above 0.9900
Market Outlook:
Momentum remains bearish with sellers dominating intraday moves. Bulls must reclaim 0.9900 with strong volume to challenge the downtrend, otherwise weakness is likely to persist.
#CryptoTrading #BearishSetup #PriceAction #Binance
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