$PROVE /USDT SHORT TRADE SETUP SHOWING WEAKNESS 💯 🔥
Current Price: 1.7419
ENTRY LEVEL:
Enter short between 1.7450 – 1.7550, anticipating a rejection at the current high.
STOP LOSS:
Place a tight stop loss above 1.7700 to protect against a continuation of the uptrend.
TARGET POINTS:
• TP1: 1.7200
• TP2: 1.6900
• TP3: 1.6500
TRADE ANALYSIS:
PROVE's bullish momentum is fading, with a possible "double top" or other reversal pattern forming. The volume on the recent upward moves appears to be decreasing. This setup anticipates a short-term correction or a full trend reversal. Look for bearish candlestick patterns, such as a bearish engulfing or a doji, at the entry zone for confirmation.
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