$PROVE /USDT Technical Outlook (1H Chart)

Current Price: $1.2987

Trend: Consolidation after the recent drop, testing key supports.

🎯 Objectives

Objective 1: $1.35 🥇 (short-term resistance + MA25 area)

Objective 2: $1.45 🥈 (MA99 confluence + supply zone)

Objective 3: $1.60 🥉 (swing high from early August)

🛡 Support Levels

Primary Support: $1.28 (current base & intraday demand zone)

Secondary Support: $1.20 (previous consolidation floor)

📌 Analysis

The price is currently below MA7 & MA25, showing short-term weakness, but maintaining the support of $1.28 keeps the bullish recovery potential alive.

A break above $1.35 could bring momentum towards the $1.45–$1.60 range.

Losing $1.28 could trigger a drop towards $1.20 before bulls can regain control.

@Succinct#SuccinctLa