$PROVE PROVE Consolidating Near $1
$PROVE is currently trading around $1.009 on Binance, holding its ground after recent volatility. The token’s launch week was marked by massive spikes, but the market is now settling into a more stable range. Intraday moves show buyers defending the $1.00 level, which has become a psychological anchor.
From a technical standpoint, the consolidation looks healthy. Support sits between $0.95–$1.00, while the immediate resistance lies at $1.15–$1.20. If PROVE breaks above $1.20 with volume, momentum could carry it toward $1.35 and even $1.50 in the mid-term. Conversely, failure to hold $1.00 might lead to a quick retest of $0.90, where dip buyers are expected to step in.
Overall sentiment remains positive, driven by strong fundamentals. As the native token of Succinct’s ZK-proof infrastructure, PROVE’s utility goes beyond speculation. Long-term holders may view this consolidation phase as an accumulation opportunity.
