Succinct ($PROVE ) has fallen by 5.08% in the last 24 hours, which is significantly worse than the overall cryptocurrency market (-0.57%). This continues its weekly decline of 19%, although over the month the coin has still increased by 18%. Main reasons:

Sales after airdrop – 15 million $PROVE , unlocked as part of the HODLer Airdrop program on Binance, triggered profit-taking.

Weakness of altcoins – Bitcoin's dominance has risen to 57.48%, which diverts liquidity from smaller coins.

Technical breakdown – the price has fallen below an important support level at $1.14, reinforcing the bearish trend.

The price of $PROVE has dropped below a key support level — $1.14 (pivot point) and below the 7-day moving average ($1.18). The Relative Strength Index (RSI-7) has decreased to 44.43, approaching the oversold zone, but with no signs of a reversal.#prove #SuccinctLabs @Succinct