$PROVE /USDC Bullish Breakout Setup 🚀
$PROVE dropped sharply from 1.3545 to a low of 1.2342, and is now stabilizing around 1.2430. This zone marks a crucial support area, and if buyers step in, it could spark a rebound toward key resistance levels.
📊 Key Levels:
Support: 1.2340 / 1.2200
Resistance: 1.2800 / 1.3100
🎯 Trade Setup:
Entry Zone: 1.2350 – 1.2450 (support retest area)
Target 1: 1.2800
Target 2: 1.3100
Target 3: 1.3450 (extension if momentum strengthens)
Stop Loss: Below 1.2200
📈 Market Sentiment:
Although PROVE has faced heavy selling, the market is now testing strong support. Holding above 1.2340 will be critical for bulls to regain control. A breakout above 1.2800 would confirm momentum shift and open the path to retest recent highs.
⚡ Pro Tip: Enter cautiously near support with tight risk management. Take partial profits at resistance levels and trail stop-loss upward to secure gains.
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