PROVEUSDT About to Break Out of Cup Formation!

545
PROVEUSDT has formed a well-defined Cup pattern on the 1-hour chart, signaling strong accumulation after a prolonged consolidation phase. Price declined sharply before bottoming out and gradually curving upward, creating the classic rounded base that reflects a shift from selling pressure to steady buying interest.

The breakout zone is around $1.55, which has acted as a key resistance level. A confirmed close above this level, supported by strong volume, would validate the pattern and could spark a move toward the projected target near $3.00 - $4.00 level.

Cheers
Hexa

PROVEUSDT.P

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.