$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.

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$PROVE
#Gate广场创作者新春激励 #当前行情抄底还是观望? $BTC $ETH
PROVE-8,2%
BTC0,78%
ETH2,96%
SOL2,11%
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