$PROVE climbs to $1.37, strong consolidation signals ahead!
Prove (PROVE) is currently trading around $1.37 after an impressive rebound from the $1.18 level. On the 15-minute chart, the price shows a clear uptrend, consistently forming higher lows and higher highs.
Over the past 48 hours, PROVE surged from $1.18 to nearly $1.40 before slightly correcting and consolidating between $1.36 – $1.38. This indicates strong buying momentum, with sellers unable to push the price lower.
🔑 Key support: $1.34 – $1.30
🔑 Resistance: $1.40 – $1.42 (a breakout could lead to $1.50 next)
Trading volume is gradually increasing, suggesting fresh capital inflows. RSI sits at 60 – bullish but not yet overbought, leaving room for further upside.
Will PROVE break above $1.40 to confirm a stronger rally, or dip back to $1.34 before making the next move?
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