🔥 $PROVE /USDT – Bulls Catching Their Breath Before the Next Push! 🚀
Current Price: $1.4660
After a powerful surge, $PROVE has shifted into a brief cooling phase, trading sideways as buyers regroup. The short-term structure still favors the upside, with price holding comfortably above key moving averages — a sign the rally may just be pausing, not ending.
📈 Key Resistance Zones (Upside Objectives)
$1.43 – First hurdle; a clean breakout could trigger swift upward movement.
$1.48 – $1.50 – Local peak where sellers last pushed back.
$1.56 – $1.60 – Notable supply zone that will require strong momentum to break.
$1.68 – $1.70 – Yesterday’s spike area, likely to see heavy profit-taking.
🛡 Important Support Levels (Downside Protection)
$1.38 – Current base of consolidation.
$1.35 – 25-period moving average acting as dynamic support.
$1.30 – Psychological barrier and prior rally launchpad.
$1.20 – 99-period moving average and final stronghold for bulls.
🔍 Market Insight:
Staying above the 7- and 25-period MAs keeps the bullish bias alive. A breakout over $1.43 could spark quick moves toward $1.48 – $1.50, while losing $1.35 may accelerate a pullback to $1.30. Watch for volume spikes as confirmation before acting.