$PROVE Bounce from Intraday Support!
$PROVE is trading at 1.6014 (+12.89%), showing a pullback after hitting a 24H high of 1.7419. The price is currently stabilizing above the 1.58 – 1.60 support zone, hinting at a possible short-term rebound if buying pressure sustains.
Key Levels
• Resistance: 1.6500 – 1.7000 – 1.7420
• Support: 1.5800 – 1.5500 – 1.3770
Trade Setup
• Entry Zone: 1.5900 – 1.6100
• Stop Loss: 1.5500
🎯 TP1: 1.6500
🎯 TP2: 1.7000
🎯 TP3: 1.7420
Market Insight
The recent rally indicates strong bullish sentiment, but the current consolidation suggests traders are locking in profits before the next move. A breakout above 1.65 could reignite momentum toward the highs, while holding support at 1.58 is crucial for sustaining the uptrend.