$PROVE
Frame: 15 minutes
Direction: Short-term downward trend with potential rebounds from strong support areas
🔹 Potential buying points
Price action indicates clear selling pressure, but there is a potential technical rebound from the 1.0950 – 1.0850 area, which are the lowest levels recorded during the displayed period. Gradual entry from this area is possible, while monitoring liquidity and price divergences.
🔹 Potential targets
- First target: 1.1350 (previous resistance area and momentum test)
- Second target: 1.1650 (in case confidence is restored and a breakout occurs)
- Third target: 1.1810 – 1.2120 (previous peak areas, conditioned by strong momentum)
🔹 Currency Project – PROVE
The PROVE project focuses on decentralized verification of identity and data, using blockchain technologies to ensure privacy and credibility without the need for a third party. It allows users to securely prove their information in multiple environments such as finance, education, and even government services, with scalability in Web3 applications.
The token is gaining interest from platforms relying on digital identity, especially in strict regulatory environments.
