$PROVE /USDT – PULLBACK INTO SUPPORT, NEXT MOVE LOADING
$PROVE is trading at $1.1705, down -4.64% in the last 24h after failing to hold above the $1.23 resistance zone. The pair touched a low of $1.1648, which aligns with a short-term support area.
Key Levels:
24h High: $1.2677
24h Low: $1.1648
Immediate Resistance: $1.19 – $1.20
Major Resistance: $1.22 – $1.23
Support Zone: $1.16 – $1.165
Indicators Outlook:
MACD: Bearish crossover, showing selling pressure.
EMA: Price below mid-term EMA, trend tilted bearish.
Volume: 423M USDT volume confirms active participation but pressure from sellers is high.
Market Bias:
If PROVE holds the $1.16 support, it may attempt a bounce back toward $1.19 – $1.20. A breakout above $1.23 could trigger fresh bullish momentum. However, losing $1.16 risks a deeper pullback toward $1.14 – $1.12.
