Analysis of the PROVE/USDT asset 4H 18/08/2025
🔎 Technical analysis PROVE/USDT
On the 4H chart, the asset is trading in a sideways range (consolidation) after a strong upward impulse. The price is stuck in the box 1.25 – 1.35 USDT, indicating liquidity accumulation before a further movement.
📊 Key levels:
Support: 1.25 USDT — the lower limit of the range and the area where the price has been bought back multiple times.
Resistance: 1.35 USDT — upper limit of the sideways range.
Strong resistance above: 1.37 – 1.42 USDT, and if maintained — target around 1.93 USDT.
📈 Indicators:
Ichimoku Cloud: the price is inside the cloud → phase of uncertainty, the market is seeking direction.
MA (7/25) : the moving averages are slightly above the current price (~1.30 USDT), indicating local seller pressure.
Parabolic SAR: the points have moved to the bullish side, which may indicate an upward attempt.
⚡️ Possible scenarios:
1. Bullish scenario 🟢
If the asset breaks and holds above 1.35 USDT, the path to 1.42 USDT will open, then to the strong level of 1.93 USDT. This will be a signal to exit the accumulation and start an impulse.
2. Bearish scenario 🔴
The loss of the 1.25 USDT level will lead to a decline towards the 1.15 – 1.05 USDT zone, where a new low could form.
🧭 Conclusion:
Currently, PROVE/USDT is in a consolidation phase 📦. The likelihood of a strong movement increases each day. Traders should closely monitor breakouts of levels:
above 1.35 USDT → long priority 🚀
below 1.25 USDT → short priority 📉
@Succinct #SuccinctLabs $PROVE
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