$PROVE /USDT OVERSOLD BOUNCE ā LONG SETUP IN PLAY š
PROVE has faced heavy selling, dropping over 6% intraday, but price is now holding near the 1.01 support zone. With selling pressure cooling and buyers stepping in, a relief bounce toward higher resistance levels looks likely.
š¹ Trade Setup (Long)
Entry Zone: 1.01 ā 1.02
Take Profit 1: 1.05
Take Profit 2: 1.07
Take Profit 3: 1.09 ā 1.10
Stop Loss: 0.9860
š¹ Market Outlook
The downtrend has pushed PROVE into oversold conditions, increasing the probability of a short-term rebound. If bulls defend the 1.00 level, momentum could lift price back toward 1.08+. However, a breakdown under 0.9860 would reopen deeper bearish targets.
