I bought at 1.024 in spot
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📉 $PROVE /USDT – Short Setup Re-Activated Below $1.026 📉
$PROVE is showing signs of weakness after a failed breakout at $1.0481. The price is now struggling to reclaim the $1.0262 level, with consistent lower highs and fresh bearish candles signaling renewed selling pressure.
📊 Short Trade Setup
• Entry Zone: $1.0240 – $1.0260
• Take Profit 1 (TP1): $1.0015
• Take Profit 2 (TP2): $0.9900 (previous wick low)
• Stop-Loss: Above $1.0485
⚠️ Market Outlook:
As long as $PROVE and @Succinct remains below the $1.026 resistance and continues to reject near-term highs, the downside bias remains intact. Bearish volume persists following the recent 17% decline, with no convincing signs of recovery so far.
$PROVE is showing signs of weakness after a failed breakout at $1.0481. The price is now struggling to reclaim the $1.0262 level, with consistent lower highs and fresh bearish candles signaling renewed selling pressure.
📊 Short Trade Setup
• Entry Zone: $1.0240 – $1.0260
• Take Profit 1 (TP1): $1.0015
• Take Profit 2 (TP2): $0.9900 (previous wick low)
• Stop-Loss: Above $1.0485
⚠️ Market Outlook:
As long as $PROVE and @Succinct remains below the $1.026 resistance and continues to reject near-term highs, the downside bias remains intact. Bearish volume persists following the recent 17% decline, with no convincing signs of recovery so far.
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