#SuccinctLabs and $PROVE @Succinct Technical Analysis

On the 1-hour chart, PROVE/USDT is showing a downtrend with lower highs and lower lows forming after the $1.7419 peak. The price is hovering close to the MA(99), which could either act as a springboard for a rebound or break down to push the market toward the $1.30–$1.32 zone. RSI appears to be approaching oversold conditions, which could trigger short-term buying pressure. A decisive breakout above $1.48 would indicate a shift back into bullish territory.

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