‎PROVE/USDT Trade Setup and Post Listing Market Structure Analysis

[MDDODO]

‎I recently took a solid 20x long position on PROVE/USDT shortly after its listing and that decision is already up +42.4%. Timing was key. I caught the initial momentum right after launch, and the technical setup played out exactly as expected.

‎But this might just be the beginning

‎Market Behavior & Key Levels

‎PROVE has shown high volatility since its debut, initially dropping from over 1.60 USDT to below 0.85 USDT on August 6. However, it staged an impressive recovery, now stabilizing around 1.17 USDT, with previous resistance at 1.00 now potentially turning into support.

‎What’s fueling this move?

‎Multiple exchange listings have boosted visibility

‎Derivatives markets (perpetual futures) have amplified exposure

‎Growing trading volume indicates rising market confidence

‎PROVE's Fully Diluted Valuation (FDV) is now nearing $980M, suggesting strong speculative interest and future potential.

‎What to Watch

‎If PROVE maintains momentum above 1.15 USDT with solid volume, it could signal further upside. Keep monitoring price structure and order flow especially if new exchange listings continue.

‎I'll be sharing more of these early setups stay ahead, not late.