$PROVE /USDT — Bullish Recovery Setup ✅
Market Context:
$PROVE rallied strongly to $0.4236 but faced rejection and pulled back. Price is now stabilizing above the key $0.40 support, which aligns with a psychological and structural demand zone. Selling pressure is slowing, and early signs of a bounce are forming.
Trade Setup (Long):
Entry Zone (EP): $0.402 – $0.406
Targets (TP):
TP1: $0.418
TP2: $0.430
Stop-Loss (SL): $0.395
Trade Notes:
Look for small green candles near support to confirm buyers stepping in.
Risk management is key — stop-loss below the $0.40 floor keeps downside contained.
Continuation toward upper targets depends on maintaining the $0.40 support and sustained buying pressure.
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PROVEUSDT
Perp
0.3612
-5.47%