【$PROVE Signal】Long position + Massive breakout with healthy pullback

After completing an epic volume breakout on the 4-hour chart, $PROVE is now performing a healthy cooldown just above the critical breakout level. The price pulled back from a high of 0.3918 to the 0.36 area, which is a typical retest after a breakout, not a top reversal. The order book shows buy orders accumulating in the 0.3624-0.3626 range, providing immediate support.

🎯Direction: Long

🎯Entry: 0.3600 - 0.3650

🛑Stop Loss: 0.3450 ( Rigid stop loss, below the previous 4-hour candle low and dense trading zone )

🚀Target 1: 0.3900 ( Test previous high )

🚀Target 2: 0.4200 ( 1.618 extension based on breakout structure )

Hardcore logic: The 4-hour candlestick shows a single volume increase of nearly 90 times, a clear signal of main capital entering the market, not just a short squeeze. After oscillating in the range (0.28-0.30) before the breakout, the pullback is within the 23.6% Fibonacci retracement level, indicating a strong correction. Although the funding rate is negative, this is normal after a surge, suggesting the market has not entered a frenzy phase, which is favorable for further upward movement. The order book depth shows selling pressure concentrated just above 0.3630; once absorbed by buyers, space above opens up. The key is to hold above 0.3587 (the recent 4-hour candle low) to maintain the validity of the breakout.

Trade here 👇 $PROVE

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#Is the current market bottoming or just waiting?