$PROVE Signal: Wait for a pullback confirmation after multiple callbacks


$PROVE Funding rate -0.3017%, depth imbalance 5.54%. 1H RSI 81.22 overbought, MACD histogram continues to narrow, price has fallen back from 0.358 to 0.3307. The 4H Bollinger Band upper band at 0.3144 has been broken, current price is above the upper band, but buying ratio has decreased from 0.51 to 0.47, selling pressure is gradually increasing.

🎯Direction: Long (place order on pullback)

⚡Entry: 0.257

🛑Stop loss: 0.249

🚀Target 1: 0.272

🚀Target 2: 0.280

🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to 0.257, remaining position aims for Target 2. If price drops below 0.249, exit unconditionally.

Depth logic: 1H MACD death cross has not yet formed, but momentum is clearly weakening. Negative funding rate suggests bearish accumulation. If price pulls back near 0.257, there is significant buy support below, with potential for short squeeze. Current risk-reward ratio is about 1:3; waiting for pullback confirmation before entering is more prudent.

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