$PROVE /USDT Eyes a Move Toward $1.50 — Can the Breakout Happen?
$PROVE is currently trading near $1.3041, showing signs of consolidation after a recent pullback. The price is hovering just above the 7-day moving average (MA7) of $1.3105 but remains under the 25-day moving average (MA25) at $1.4499 — a key resistance zone that needs to be cleared for further upside.
Support Levels:
$1.24 – Strong short-term support from recent lows.
$1.10 – Next major support if the current range fails.
Resistance Levels:
$1.45 – First major hurdle, aligning with MA25.
$1.50 – Psychological and technical breakout point.
If bulls can push past $1.45 with strong volume, a breakout to $1.50 could trigger momentum buying and open the door for a retest of $1.61. On the downside, losing $1.24 may invite selling pressure toward $1.10.
At this stage, traders are watching closely for confirmation — either a bullish breakout over $1.45 or a rejection leading back toward support. The next move could set the tone for PROVE’s short-term trend.
