【$PROVE Signal】Short | Massive Volume Surge Followed by Liquidity Exhaustion
After a massive volume spike on the 4-hour chart producing a long upper wick, the price has fallen back to near the starting point. Currently, the market liquidity is exhausted, and buying momentum is waning.
Hardcore Logic: The 4H candlestick shows a single massive bullish candle (volume of 90.66 million) followed by consecutive closes in the red, a typical "one-day" trading pattern. The price has broken below the midpoint of the massive volume candle at 0.344, confirming the exhaustion of bullish momentum. The current funding rate of -0.3273% indicates market sentiment has shifted to bearish, and the sell order depth (9,671.3 at 0.3304) far exceeds buy orders, creating direct pressure. The price is consolidating around 0.330 in a narrow range, indicating a downward continuation. Weak rebound signals a shorting opportunity.
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【$PROVE Signal】Short | Massive Volume Surge Followed by Liquidity Exhaustion
After a massive volume spike on the 4-hour chart producing a long upper wick, the price has fallen back to near the starting point. Currently, the market liquidity is exhausted, and buying momentum is waning.
🎯Direction: Short
🎯Entry: 0.330 - 0.335
🛑Stop Loss: 0.345 $PROVE Rigid Stop Loss(
🚀Target 1: 0.310
🚀Target 2: 0.295
Hardcore Logic: The 4H candlestick shows a single massive bullish candle (volume of 90.66 million) followed by consecutive closes in the red, a typical "one-day" trading pattern. The price has broken below the midpoint of the massive volume candle at 0.344, confirming the exhaustion of bullish momentum. The current funding rate of -0.3273% indicates market sentiment has shifted to bearish, and the sell order depth (9,671.3 at 0.3304) far exceeds buy orders, creating direct pressure. The price is consolidating around 0.330 in a narrow range, indicating a downward continuation. Weak rebound signals a shorting opportunity.
Trade here 👇 )
---
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$PROVE
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