$PROVE – Rejection From Resistance? Yeah Exactly That's Why I'm Short.



Short $PROVE
Entry: 0.1980 – 0.1990
SL: 0.2020

TP1: 0.1950
TP2: 0.1920
TP3: 0.1890

Price is facing rejection from resistance after a strong move up. Sellers are stepping in and each bounce is getting sold into quickly. The structure is showing signs of weakness with price struggling to break higher.

Volume is picking up on the sell-off and momentum is shifting in favor of sellers. As long as price stays below resistance, downside continuation is the path of least resistance.

👉 Trade $PROVE ‌
PROVE2.85%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned