$PROVE LOSING SHORT-TERM STEAM – CRUCIAL SUPPORT AHEAD
After rebounding from the $1.3336 low, $PROVE is now facing selling pressure again, slipping to the $1.37 area. The bulls must defend $1.36–$1.35 to avoid a deeper pullback toward $1.31–$1.30.
Trade Setup:
Entry Zone: $1.36 – $1.38 (only if support holds)
Take Profit 1: $1.41
Take Profit 2: $1.45
Take Profit 3: $1.52
Stop Loss: $1.33
Market Outlook:
Weakening momentum after a quick bounce suggests the market is testing buyer strength. A decisive close above $1.39 will be the first sign that bulls are regaining control.