š $PROVE /USDT Market Analysis & Trade Setup š
PROVE is showing mixed signals today, trading near 1.3250 after hitting a 24h high of 1.3982 and a low of 1.2863. The price is consolidating in a tight range with heavy trading volume, suggesting that a bigger move could be on the horizon. If bulls manage to push above the 1.40 resistance, momentum could shift toward higher levels. However, failure to hold above 1.28 support may invite bearish pressure.
ā Long Trade Setup
Entry Zone: 1.3200 ā 1.3350
Targets (TP): 1.3800 / 1.4200
Stop Loss (SL): 1.2850
ā ļø Short Trade Setup
Entry Zone: 1.3400 ā 1.3600 (if rejection near resistance)
Targets (TP): 1.3000 / 1.2700
Stop Loss (SL): 1.3950
š Insight: PROVE is at a decision point ā a breakout above 1.40 can trigger a bullish rally, while rejection could send it back to test the 1.28ā1.27 support zone. Traders should watch the volume closely and react accordingly.