$PROVE/USDT is currently targeting the $1.50 mark—Is a breakthrough imminent?

Currently, $PROVE is trading around $1.3041, showing signs of consolidation after a pullback. The price has stabilized above the 7-day moving average (MA7, $1.3105), but is still constrained by the 25-day moving average (MA25, $1.4499), which is a key resistance that needs to be overcome on the way up.

Support levels:

- $1.24—Short-term strong support derived from recent lows

- $1.10—The next important support after losing the current range

Resistance levels:

- $1.45—The primary obstacle coinciding with MA25

- $1.50—A breakout level with both psychological and technical significance

If the bulls can break through $1.45 with volume, the $1.50 level may trigger momentum buying, paving the way to test $1.61. On the downside, losing $1.24 could invite selling pressure, pushing the price closer to $1.10.

Currently, traders are closely monitoring for signal confirmation: either a breakthrough at $1.45 to initiate a bull market or a resistance encounter leading to a test of support. The subsequent trend may establish the short-term trend tone for $PROVE.@Succinct #SuccinctLabs