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$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

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