$PROVE is currently trading at $1.4660. In spot trading, you buy or sell the actual cryptocurrency on the market, taking immediate ownership. Traders use support, resistance, and stop-loss levels to optimize entries, exits, and risk management.

For $PROVE, a short-term support level can be placed around $1.42, acting as a buying zone where demand may push prices higher. Immediate resistance lies near $1.52, a level where selling pressure might slow upward momentum. A breakout above this resistance could open the path to higher targets, while a drop below support may indicate weakness.

To protect capital, a stop-loss can be set slightly below support, around $1.40, limiting potential losses in case of a downward move. Spot traders should also monitor broader market sentiment, particularly Bitcoin and Ethereum trends, as $PROVE’s price often reacts to overall crypto market movements.