$PROVE /USDT technical snapshot from your data:

1. Price vs EMA Levels

Current Price: 1.2966

EMA(7): 1.3122 → price is below short-term EMA.

EMA(25): 1.3079 → also below medium-term EMA.

EMA(99): 1.3469 → well below long-term EMA.

📌 This indicates short-term and medium-term weakness inside a larger downtrend.

2. Support & Resistance

Resistance:

R1: 1.3122 (EMA7)

R2: 1.3196

R3: 1.3417–1.3446 (strong zone)

R4: 1.3697–1.3948 (swing highs)

Support:

S1: 1.2729

S2: 1.2694

S3: 1.2414 (24h low)

3. Volume & Momentum

24h Vol: 48.59M PROVE / 65.68M USDT — high activity, but likely due to strong sell pressure.

The -9.92% daily change confirms the heavy drop from 1.4543 to current levels.

MACD is likely negative, aligning with the EMA structure.

4. Outlook

For bulls: Need a close above 1.3122 (EMA7) to start reclaiming momentum.

For bears: If 1.2729 breaks, likely drop toward 1.25–1.24 zone.

Given this chart, PROVE is currently in a pullback phase after a sharp drop — meaning the safest plays are either waiting for support bounce confirmation or trading short-term breakdowns.

If you want, I can outline two trade setups — one for a bounce, one for a breakdown — so you can be ready for either scenario.

#ETH5kNext? #REVABinanceTGE #BNBBreaksATH #HotJulyPPI #MarketGreedRising $PROVE