$PROM is sitting at the exact point where one side is about to get trapped.
Honestly, neither looks clean yet.
$PROM has built a strong move from around $1.40, and the structure is still bullish. Buyers kept stepping in on every pullback, and now price is holding just below the $1.83–$1.85 resistance area.
That’s the level deciding the next move.
If $PROM closes above $1.85 and holds there, another push higher can come quickly.
But if buyers keep failing near the top, I’d expect a pullback toward $1.74–$1.76 first. That would still be healthy unless price starts losing $1.70.
So I’m not chasing the green candles, and I’m not shorting just because price looks high.
I’m waiting for the market to choose:
Above $1.85: continuation.
Below $1.74: deeper pullback.
This part of trading always feels boring—but waiting here is usually cheaper than entering from emotion.
Honestly, neither looks clean yet.
$PROM has built a strong move from around $1.40, and the structure is still bullish. Buyers kept stepping in on every pullback, and now price is holding just below the $1.83–$1.85 resistance area.
That’s the level deciding the next move.
If $PROM closes above $1.85 and holds there, another push higher can come quickly.
But if buyers keep failing near the top, I’d expect a pullback toward $1.74–$1.76 first. That would still be healthy unless price starts losing $1.70.
So I’m not chasing the green candles, and I’m not shorting just because price looks high.
I’m waiting for the market to choose:
Above $1.85: continuation.
Below $1.74: deeper pullback.
This part of trading always feels boring—but waiting here is usually cheaper than entering from emotion.