proveuptrend

$PROVE is showing some encouraging signs after the recent weakness. The RSI divergence across major timeframes hinted that selling pressure was slowing down, and now the daily RSI is starting to recover. Price has also pushed above the previous 2-day high, while the hourly chart is showing stronger momentum.

However, the real challenge is the resistance area around 0.1920, where a large sell block is sitting. If buyers can push through that level with solid volume, it could signal the start of a stronger upward move. If not, the current bounce may end up being only a temporary recovery before the broader downtrend resumes.

Overall, the short-term picture is improving, but the higher-timeframe charts still suggest caution. The next reaction around 0.1920 will likely determine whether this is a genuine breakout or just a dead-cat bounce. 📊🚀
#PROVEUSDC #proveuptrend #KOSPISuffersLargestDropSinceMarch