$PROVE /USDT:
$PROVE /USDT – CAUTIOUS BULLISH
Current Price: 1.1423 USDT
24h High / Low: 1.1709 / 1.0846
24h Volume: 16.32M PROVE / 18.28M USDT
Key Levels:
Support: 1.1372 – 1.1183 (short-term floor)
Resistance: 1.1562 – 1.1709 (recent highs)
Next Major Resistance: 1.1753
Trade Setup:
Long Entry: 1.1372 – 1.1423 (near support)
Take Profit: 1.1562 – 1.1709
Stop Loss: 1.1183 (below support)
Short Entry: 1.1562 – 1.1709 (if rejection occurs)
Target Short: 1.1423 – 1.1372
Stop Loss: 1.1753 (above resistance)
Risk Management:
Limit exposure to ≤2–3% of total portfolio per trade
Scale positions based on confirmation candles and volume spikes
Avoid chasing breakout without strong momentum
Technical Outlook:
Price testing support near 1.1423, holding slightly above key intraday floor
MACD shows flattening → potential buildup for bullish move
Watch for break above 1.1709 → could lead to short-term upside toward 1.175–1.180
Drop below 1.1183 invalidates bullish scenario, may test 1.0846
#BNBATH880 #AKEBinanceTGE #FOMCMinutes #MarketPullback #Write2Earn $PROVE