$PROVE USDT BEARS STRUGGLE TO PUSH LOWER – POSSIBLE SHORT-TERM REBOUND FORMING
PROVE dropped sharply from the $1.7291 high to a low of $1.5073 but is now showing signs of stabilizing. Price is attempting to hold above the $1.52 zone after reclaiming slight ground, hinting at a potential short-term relief bounce if buyers can sustain momentum.
Trade Setup:
Entry (Long): $1.525 – $1.535
Take Profit 1: $1.56
Take Profit 2: $1.59
Stop Loss: $1.505
Market Outlook:
While the broader trend remains under pressure, the immediate price action suggests sellers are losing steam near $1.50 support. A push above $1.56 could trigger further recovery, but a drop below $1.505 would likely resume the bearish trend.
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buy and trade here on $PROVE