【$PROVE Signal】Long | Healthy Pullback After Massive Breakout

After completing an epic volume breakout on the 4-hour chart, $PROVE is now consolidating at high levels and experiencing a healthy pullback. The price, after breaking above the previous high (~0.300), formed a tight flag pattern in the 0.342-0.356 range. This is a typical continuation pattern, not a top.

🎯Direction: Long

🎯Entry: 0.342 - 0.348

🛑Stop Loss: 0.336 (Rigid stop loss, below the low of the previous 4-hour candle)

🚀Target 1: 0.391 (Test previous high)

🚀Target 2: 0.420 (Based on 1.618 extension of the breakout height)

Core Logic: 1) A single candle on the 4-hour chart with volume exceeding 35 times the average indicates a clear signal of institutional capital entering, not retail behavior. 2) After the breakout, the price consolidates strongly above the breakout level, with a shallow retracement (~8%), and the lows are gradually rising, indicating exhausted selling pressure and absorption of all sell orders by buyers. 3) Funding rates remain negative, suggesting market sentiment is not overheated, which favors continued bullish momentum. 4) Order book depth shows dense buy orders below the current price (0.342-0.3424), forming immediate support. This structure follows the classic “breakout - pullback - re-breakout” pattern, with a significant probability advantage.

Trade here 👇 $PROVE

---

Follow me: Get more real-time analysis and insights on the crypto market!