🔥 $PROVE /USDT – Bulls Defending Critical Support After Pullback!
Current Price: $1.2943
Market Mood: Consolidation phase with a potential bounce in sight.
🎯 Upside Targets
🥇 TP1: $1.35 – Short-term resistance aligned with the MA25 zone.
🥈 TP2: $1.45 – Overlaps MA99 and a notable supply region.
🥉 TP3: $1.60 – Matches the early-August swing high.
🛡 Support Zones
• $1.28 – Current holding base and active intraday demand area.
• $1.20 – Key psychological floor and past consolidation low.
📊 Market View
Price action remains under MA7 and MA25, hinting at short-term selling pressure, but bulls are holding firm at the $1.28 level.
A decisive breakout above $1.35 could spark momentum toward $1.45 and possibly $1.60.
If $1.28 fails, a dip toward $1.20 is likely before any strong recovery attempt.