$PROVE is currently trading at $1.2115. After a rejection from the $1.26 zone, the price is consolidating near short-term support, with increasing volume suggesting a decisive move ahead.
Key Levels to Watch
• Resistance: $1.2250 – A breakout above this level could open the way toward $1.2400 and $1.2600.
• Support: $1.2100 – A breakdown here may expose the price to $1.1950 and $1.1800.
Trade Setup – Get Ready for Volatility
• Bullish Entry: A confirmed move above $1.2250 could target:
• 🎯TP1: $1.2400
•🎯 TP2: $1.2600
• Bearish Entry: A drop below $1.2100 could target:
•🎯 TP1: $1.1950
• 🎯TP2: $1.1800
Market Outlook
The market is showing signs of accumulation. A breakout above resistance may attract stronger buying interest, while a failure to hold support could extend the downtrend.
