$PROVE/USDT – TECHNICAL SETUP
$Current Price & 24h Range
💰** Current Price**: approximately $1.10 (price quoted in USDT)
** Highest/Lowest Range in 24 Hours**:
Lowest: ~$1.007
Highest: ~$1.094
🏵️Important Levels
** Support**: ~$1.00 – $1.02 (near the 24h low)
** Resistance**: ~$1.09 – $1.10 (24h peak)
MA (Moving Averages)
No MA7/MA25/MA99 data mentioned in current sources. You can check directly on TradingView or charting platforms for additional information.
🎯Bullish Setup
** Long Entry Zone**: $1.02 – $1.05
🎯** Take-Profit Targets**:
T1: $1.09
T2: $1.12 (slightly exceeding resistance)
T3: $1.15 (continuation breakout scenario)
** Stop-Loss**: below $1.00 (breaking strong support level)
Bearish Setup
If the price breaks below $1.00, it may continue to drop to:
~$0.98 – minor support area
If it continues to decline, the target could be ~$0.95
Summary
$PROVE is fluctuating in a relatively narrow range around $1.0–$1.1. A rebound from the low price area (around $1.02) could aim toward resistance at $1.10. Conversely, breaking the support at $1.00 could trigger a deeper decline.
Risk Management
Set a strict stop-loss below $1.00.
Adjust position size according to your risk tolerance.
