Approximately between $1.21 and $1.33
Basic Market Data:
Circulating Supply: Approximately 195 million PROVE
Max Supply: 1 billion PROVE
Market Cap: Approximately $240–243 million
24-hour Trading: Between $395M to $433M
All-Time High (ATH): Between $1.71 – $1.73 on August 11, 2025
Daily Technical Analysis
1. Price Direction
The significant daily decline (between −6% and −8%) indicates clear selling pressure in the short term.
2. Resistance and Support
Immediate Resistance: Approximately $1.30 – $1.33, which is the peak price reached in the last 24 hours.
Immediate Support: Near $1.21, which is the lowest price recorded today.
3. Weekly Price Movement
A sharp decline of −21% to −23% over the past week suggests a clear downturn in positive momentum.
4. Trading Volume
Relatively high trading volume (~$400 million) coupled with price decline reflects intense selling activity during recent sessions.
Concise Technical Analysis
Element Today
Current Price ~$1.23–1.24
Current Support ~$1.21
Current Resistance ~$1.30–1.33
Daily Trend Clearly Bearish
Weekly Momentum Strongly Negative
Trading Volume High — Notable Selling Activity
Summary: Succinct (PROVE) is currently experiencing strong selling pressure. If the price maintains support at ~$1.21, we may see a short-term technical rebound. Breaking this support may target ~$1.10 or lower. However, if the price begins to recover and tests resistance again, it may signal a short-term trend change.
