$PROVE
/USDT – TESTING CRUCIAL SUPPORT
PROVE is trading at 1.0899 (-4.39%), after dropping from the 1.1299 peak and finding a temporary floor at 1.0855. The chart shows heavy selling pressure, with price consolidating near the lows. Bulls must defend 1.0850 support to avoid further downside, while a push above 1.1000 could hint at short-term recovery.
Trade Setup (Reversal Attempt):
Entry: 1.0860 – 1.0910
Targets: 1.1050 / 1.1150 / 1.1250
Stop Loss: 1.0790
Market Outlook:
Momentum is still bearish, but a bounce from the 1.0850 demand zone could offer a relief rally. A break below this level, however, risks further downside continuation.
