$PROVE /USDT 4H Trade Setup
Market Insight:
$PROVE is showing strength with a current price around $1.0716, up about +7.62% in the last 24h. It recently tested a high of $1.0977 and bounced off a low near $0.9763. Trading volume is solid, indicating decent market interest.
Entry Zone:
Buy between $1.02 - $1.06 — this range provides a good risk-reward level near recent consolidation/support zones.
Targets:
Target 1: $1.10 (recent high resistance)
Target 2: $1.15 (psychological level and next resistance area)
Target 3: $1.20 (extension if momentum continues)
Stop Loss:
Set stop loss below $0.98 — just under recent low support to limit downside risk.
Key Levels:
Support: $0.98, $0.96
Resistance: $1.10, $1.15, $1.20
Pivot: Around $1.04 - $1.06
Pro Tip:
Watch for confirmation of bounce from the entry zone with volume support. Avoid entering if volume dries up or if price closes below $0.98 on the 4H chart.
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