$PROVE USDT BULLS ATTEMPT RECOVERY – SUPPORT HOLDS ABOVE 1.5070
PROVE has rebounded from the $1.5073 low, showing signs of stabilization after a sharp decline from $1.7291. The Parabolic SAR is still above the price, signaling a prevailing bearish trend, but the current consolidation could set the stage for a short-term bounce if buyers push above $1.545 resistance.
Trade Setup:
Entry (Long): $1.530 – $1.540
Take Profit 1: $1.560
Take Profit 2: $1.590
Stop Loss: $1.510
Market Outlook:
While the broader momentum remains under pressure, holding above $1.5070 support suggests that bulls may attempt a recovery. A breakout above $1.545 could trigger further upside, but failure to hold $1.510 would likely extend the bearish move.
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buy and trade here on $PROVE