$PROVE /USDT – Long Trade Signal (1h Timeframe)
Current Price: 1.1717
Support Level: 1.1200
Resistance Level: 1.2000
Entry Zone: 1.1500 – 1.1750
Trade Targets:
TP1: 1.1900
TP2: 1.2200
TP3: 1.2500 (final target)
Stop Loss: Below 1.1100
Analysis:
PROVE/USDT has broken out strongly with more than 15% daily gains. The price is testing resistance near 1.2000. If bulls hold above the 1.1200 support, momentum may continue toward 1.2500. Volume and trend look positive, but traders should expect pullbacks after strong spikes. Spot traders can scale out on targets, while futures traders must keep a strict stop loss due to volatility.
Succinct is revolutionizing Web3 with its decentralized Prover Network and advanced SP1 prover, making zero-knowledge proofs (ZK) fast, scalable, and easy to deploy without complex infrastructure. By decentralizing proof generation, Succinct unlocks powerful use cases like cross-chain interoperability, decentralized computing, and verifiable AI inference. The native $PROVE token secures the network, powers governance, and rewards participants, ensuring a community-driven ecosystem for trustless computation.
