$PROVE /USDT – Oversold & Setting Up for Rebound
PROVE is trading at $1.2995 (-5.85%), slipping from a high of $1.3887 to a low of $1.2414 in the last 24h. RSI at 30.54 signals oversold conditions, hinting at a potential bounce if buyers step in.
24h Range: $1.2414 – $1.3887
24h Volume: 42.47M PROVE (~$55.61M USDT)
Key Levels
Buying Zone: $1.2500 – $1.2700
Take Profit Zone: $1.3500 – $1.3800
Stop Loss: Below $1.2300
Breakout Target: $1.4200+ if momentum shifts bullish
Strategy Insight:
Good setup for bottom-fishing traders — watch for RSI recovery above 35 with strong volume. A quick bounce to $1.35+ is possible before facing heavy resistance.