$PROVE /USDT Market Update – Clean & Simple
#PROVE is currently trading at 0.3611 USDT, down -4.29%, showing continued bearish pressure after failing to hold higher levels.
Market Structure:
Price is trading near MA(7) but remains below MA(25) and MA(99), indicating short-term weakness and seller control.
Support Zone:
0.355 – 0.350
Resistance Zone:
0.370 – 0.385
Trend Outlook:
As long as PROVE stays below 0.370, upside remains limited. A break below 0.350 may lead to further downside. Any bounce toward resistance is likely to face selling pressure.
Conclusion:
PROVE is in a bearish continuation phase. Best approach is to wait for price stabilization or a clear breakout above resistance before considering new entries.
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