Innlegg
$PROVE is starting to face strong profit-taking pressure after its unexpected rally, with price repeatedly pulling back into short-term support zones.
At the moment:
- Selling pressure is clearly increasing
- Support levels are being tested repeatedly
- Liquidity is not strong enough to fully absorb the sell-side pressure
The weak and easily rejected rebounds suggest that sellers are currently dominating the short-term structure.
Key takeaway: avoid FOMO on weak bounces, as the risk of chasing local tops is increasing in this volatile phase.
$PROVE
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