【
$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)