A strong rally to $1.19 for $PROVE has been rejected, with the token now trading around $1.04. 📉
This sharp pullback, signaled by a strong wick rejection, suggests that sellers are stepping in and momentum is weakening. A continued failure to reclaim the $1.175 level could lead to a deeper drop.
Trade Setup
* Entry Point: $1.13 – $1.15 🎯
* Stop Loss: $1.176 🛡️
* Take Profits: $1.095, $1.070, $1.040 📉
After a significant surge, PROVE looks exhausted. Be prepared for a probable corrective pullback as sellers eye the $1.09–$1.07 support zone as the next target.
Remember to use leverage cautiously and manage your risk! ⚠️