$PROVE /USDT BEARISH PULLBACK — NEXT LEG MAY TEST LOWER SUPPORTS
After failing to sustain above 1.58, $PROVE has faced strong selling pressure, dropping over 8% in the last 24h. Price briefly bounced from the 1.40 support zone but is now showing signs of weak momentum, suggesting sellers may re-enter if resistance holds.
Trade Setup (Short):
Entry Zone: 1.475 – 1.490
Target 1: 1.440
Target 2: 1.400
Stop Loss: Above 1.505
Market Outlook:
The overall momentum remains bearish on the short-term chart, with lower highs forming after each bounce. Failure to break 1.50 with strong volume could lead to a retest of recent lows near 1.40, while breaking below could open the door to deeper correction.
