📉 $PROVE /USDT – PULLBACK INTO SUPPORT, NEXT MOVE LOADING 🔄
Current Price: 1.1701 (↓ -4.63%)
$PROVE failed to sustain above the 1.23 resistance and dropped to a low of 1.1648, aligning with short-term support. Sellers remain in control, but buyers are defending the 1.16 zone.
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 → selling pressure active
📉 EMA: Price trading below mid-term EMA → bearish tilt
📦 Volume: 423M USDT → strong activity, but sellers dominant
Market Bias:
✅ Holding 1.16 support could trigger a bounce toward 1.19 – 1.20
🚀 Break above 1.23 may fuel fresh bullish momentum
⚠️ Loss of 1.16 risks deeper pullback toward 1.14 – 1.12