Is PROOF Acquisition Corp. I technically bullish or bearish?
As of June 13, 2025, the technical trend is mildly bearish, influenced by daily moving averages and weekly KST showing bearish momentum, despite a mildly bullish MACD and mixed signals from the RSI and Bollinger Bands.
As of 13 June 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly KST also showing bearish signals. While the MACD is mildly bullish on both weekly and monthly time frames, the overall sentiment is tempered by the Bollinger Bands and Dow Theory, which indicate bearish conditions on the weekly and monthly charts. The RSI shows a bullish signal on the monthly but lacks a clear signal on the weekly, further contributing to the mixed outlook.
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