Technical analysis by HexaTrades about Symbol PROVE: Buy recommendation (8/10/2025)

PROVEUSDT has formed a well-defined Cup pattern on the 1-hour chart, signaling strong accumulation after a prolonged consolidation phase. Price declined sharply before bottoming out and gradually curving upward, creating the classic rounded base that reflects a shift from selling pressure to steady buying interest. The breakout zone is around $1.55, which has acted as a key resistance level. A confirmed close above this level, supported by strong volume, would validate the pattern and could spark a move toward the projected target near $3.00 - $4.00 level. Cheers Hexa PROVEUSDT.P