📊 $PROVE /USDT – Price Pullback Could Set Up Next Move

Current Price: $1.4474 (-14.00%)

24h Range: $1.3981 – $1.7291

Volume: 75.78M PROVE / 118.33M USDT

🔍 Market Analysis:

After a sharp drop from the recent high of $1.7291, PROVE is now consolidating near $1.44. Selling pressure has cooled, and the price is holding above the $1.40 support zone. A potential short-term bounce is possible if bulls defend this level, but failure could trigger another wave down toward $1.30–$1.27.

📈 Trading Plan:

Bullish Scenario: Enter above $1.46 on strong volume confirmation.

TP1: $1.56

TP2: $1.66

SL: $1.39

Bearish Scenario: If $1.39 breaks with high volume, short toward $1.30 and $1.27.

SL: $1.46

⚠️ Key Levels to Watch:

Support – $1.39 / $1.30 / $1.27

Resistance – $1.56 / $1.66 / $1.73

📌 Bias: Neutral-Short Term, Turning Bullish Above $1.46

$PROVE