$PROVE /USDT — STEEP BEARISH SELL-OFF WITH NO SIGNS OF REVERSAL YET
PROVE has faced intense selling pressure, dropping over 10% in the last session and breaking through key support levels. This steep decline signals strong bearish sentiment, with sellers dominating the order books. Unless price stabilizes above $1.34, further downside towards the next support is likely.
Trade Setup (Short):
Entry Zone: 1.31 – 1.33
Take Profit 1: 1.28
Take Profit 2: 1.24
Stop Loss: 1.35
Market Outlook:
Momentum is clearly bearish, with increased volatility across multiple altcoins today. If the market sentiment remains weak, PROVE could continue its downward trajectory. Bulls should wait for a strong consolidation or reversal pattern before re-entering.
#PROVE #BearishTrend #CryptoTrading #PriceAction #Binance
buy and trade here on $PROVE