$PROVE USDT short trade signal 🛑 🚦
OVEREXTENDED RALLY MEETS STRONG RESISTANCE, PULLBACK LOOMING
$PROVE has surged over 21% in the last 24 hours, but the sharp rejection from the $1.70 zone signals buyer exhaustion. Price is now struggling to hold above $1.66, indicating that a corrective phase toward lower supports could be underway as profit-taking accelerates.
Trade Setup (Short):
Entry Zone: 1.655 – 1.665
Target 1: 1.580
Target 2: 1.504
Stop Loss: 1.723
Market Outlook:
Momentum is shifting as price breaks out of its steep ascending channel and fails to sustain highs. Increasing sell pressure on the order book strengthens the case for a pullback. A sustained move below $1.64 could trigger a deeper retracement toward $1.50 support.
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buy and trade here on $PROVE