$PROVE /USDT is currently trading around 0.4409, showing a -1.23% change over the last 24 hours. After a strong rally and rejection from the 0.4678 high, price entered a sharp corrective move and recently swept liquidity near 0.4378, where buyers have started to respond.
On the 1H timeframe, the chart shows a pullback followed by early stabilization near support. While momentum remains weak short term, selling pressure is slowing, which opens the door for a potential relief bounce if demand holds.
Trade Setup
Entry Zone: 0.4380 – 0.4440
Target 1: 0.4520
Target 2: 0.4620
Target 3: 0.4680
Stop Loss: 0.4300
Technical View
Strong rejection from 0.4678, confirming supply at highs
Liquidity sweep and reaction around 0.4378 – 0.4320 support zone
Price consolidating below previous breakdown level
A reclaim and close above 0.4520 would be the first sign of bullish recovery
If $PROVE reclaims resistance with sustained volume, a move back toward the prior highs becomes possible. Failure to hold the support zone would keep the structure bearish and expose lower levels.
#BinanceHODLerBREV #ETHWhaleWatch
