💠 $PROVE Market Technical Overview - @EdgenTech After a strong rally in mid-October, $PROVE has entered a re-accumulation phase following a correction, with the price consolidating around $0.79. Short-term momentum is weakening, but the overall structure remains intact - suggesting potential recovery if key support holds. 📊 Price Data Price: $0.790 (+0.23% 4h) 7D: −1.12% | 30D: +10.55% Trading Volume: Slightly lower but still above the monthly average. 📈 Technical Analysis - @EdgenTech Price Structure: After failing to hold above $0.85, $PROVE is correcting toward the $0.78–$0.76 support zone. The price is now hovering near the mid-Bollinger Band ($0.79), signaling a consolidation phase. Bollinger Bands: Bands are narrowing after high volatility - suggesting market stabilization. A breakout above $0.81 could trigger the next upward move. MACD: Currently slightly negative (−0.0117), but the histogram is shrinking - signaling weakening bearish momentum and a possible bullish crossover soon. 🔹 Key Levels Support: $0.78 → $0.76 - short-term accumulation zone. Resistance: $0.81 → $0.85 - breakout confirmation for reversal. 📊 Market Sentiment The market is showing mixed signals as funds rotate out of mid-caps after a hot run. However, neutral funding rates and moderate volume suggest no extreme selling pressure - keeping $PROVE in a neutral-to-bullish posture. 🚀 Outlook If $PROVE holds above $0.78 and MACD flips bullish, the price could retest $0.85–$0.90 in early November. Breaking below $0.76 would increase downside risk toward $0.70. ⚠️ Risks to Watch Possible BTC correction may drag altcoins. Lack of fresh catalysts could extend sideways movement. 💬 Conclusion $PROVE is currently in a rebalancing phase after a strong rally. Holding $0.78 is crucial to maintain the bullish setup. Breaking above $0.81 could trigger a new recovery wave. #DYOR $BTC $ETH $PROVE @KaitoAI