$PROVE Bounce from intraday support!

$PROVE is trading at 1.6014 (+12.89%), showing a pullback after reaching a 24-hour high of 1.7419. The price is currently stabilizing above the support zone of 1.58 – 1.60, suggesting a potential short-term bounce if buying pressure persists.

Key Levels

• Resistance: 1.6500 – 1.7000 – 1.7420

• Support: 1.5800 – 1.5500 – 1.3770

Trade Setup

• Entry Zone: 1.5900 – 1.6100

• Stop Loss: 1.5500

🎯 TP1: 1.6500

🎯 TP2: 1.7000

🎯 TP3: 1.7420

Market Analysis

The recent rally indicates a strong bullish sentiment, but the current consolidation suggests that traders are securing profits before the next move. A break above 1.65 could revive momentum towards the highs, while maintaining support at 1.58 is crucial to sustain the bullish trend.

$PROVE