📊 $PROVE /USDT Market Overview

Metric Value

Current Price $0.9656

24h Change -12.43% 🔻

24h High $1.1949

24h Low $0.9564

24h Volume (PROVE) 52.61M

24h Volume (USDT) $55.58M

Current Candle Volume 76,823.3

MA(5) 1.623M

MA(10) 1.658M

---

🧭 Key Price Levels

🟥 Resistance Levels

⬆ 1.0233 – Nearest resistance

⬆ 1.1099 – Mid-zone seller base

⬆ 1.1965 – Intraday high

⬆ 1.2831 / 1.3500 – Major resistance cluster

⬆ 1.3697 – Post-launch peak

🟨 Current Price

🟡 0.9656 – Trading near intraday low

🟩 Support Levels

⬇ 0.9564 – 24h Low (Immediate support)

⬇ 0.9367 – Recent bounce level

⬇ Sub-$0.90 – Unconfirmed zone, potential demand area

---

📉 Technical Summary

📉 Trend: Short-term downtrend after sharp listing rally.

🚨 Volatility: High – 20%+ range in 24h.

📉 Volume Drop: Current volume sharply below average (MA5 & MA10), indicating cooling momentum.

🧱 Structure: Breakdown below $1 psychological level, retesting lows.

⚠️ Risk: Weak hands possibly exiting after launch spike.

---

✅ Trade Setups

📌 Rebound Trade (Oversold Play)

Entry Zone: $0.940 – $0.965

Stop-Loss: $0.899

Take-Profit:

🎯 TP1: $1.023

🎯 TP2: $1.11

🎯 TP3: $1.20 (if bounce is strong)

---

🚨 Breakdown Trade (Bearish Continuation)

Short Entry: Below $0.935 (on strong red candle)

Stop-Loss: $0.975

Take-Profit:

🎯 TP1: $0.885

🎯 TP2: $0.825

🎯 TP3: $0.780 (if panic selling starts)

---

🛡️ Risk Management & Notes

This is a post-launch asset, prone to pump-dump cycles.

Avoid oversized positions unless volume increases near key levels.

Ideal for short-term tactical trades, not yet for holding.

Monitor market sentiment via BTC/USDT or infrastructure sector tokens.

---

Would you like:

📉 A visual chart with trade zones?

🧾 A PDF report for this trade setup?

📬 A watchlist or alert for your target entry/exit?

#provenewcoin #Provewentbombastic💀 #USFedBTCReserve #CFTCCryptoSprint #Write2Earn