📈 Initial Launch Hype

  • $PROVE spiked quickly to $1.35 after launch.

  • A strong initial pump followed by a sharp correction — a typical launch pattern.

  • Early buyers likely took profits, causing the pullback.

📉 Current Price Action

  • Now trading around $1.02, near a key psychological support at $1.00.

  • Holding above $1.00 could lead to gradual recovery.

  • A break below $1.00 may trigger further selling pressure.

🚦 No Clear Buy Signal Yet

  • The overall trend remains weak.

  • Better to wait for a clear bounce, higher lows, or a trend reversal

  • Avoid entering during uncertain consolidation zones.

🛡️ Smart Trading Tips

  • New tokens are highly volatile after launch — expect wild swings.

  • Don’t chase green candles; wait for price to stabilize

  • Always use stop-losses and manage position sizing to reduce risk.

  • Focus on trend confirmation rather than fear of missing out (FOMO).

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