š¢ Long Trade ā $PROVE /USDT š¢
Entry: 1.0100 ā 1.0200
TP1 šÆ: 1.0500
TP2 šÆ: 1.0800
Stop Loss ā: 0.9950
Reason:
$PROVE is demonstrating steady bullish momentum, holding above the 0.97 support zone and forming higher lows. The price is approaching strong resistance between 1.0630 and 1.0680, with consistent volume indicating accumulation. A breakout above 1.0680 could fuel further upside, potentially reaching 1.10 and beyond.
Note:
This trade setup offers a favorable risk-reward profile for momentum traders. Maintaining the stop loss at 0.9950 helps manage downside risk while targeting gains at the defined profit levels.
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