🔴 $PROM SHORT — DISTRIBUTION AT THE TOP IS ABOUT TO PAY OUT 💣
Entry: $2.14 - $2.20 ⚡
Target: $2.05 🎯
Target: $1.92 💥
Stop Loss: $2.28 ⚠️
📉 $PROM is printing textbook distribution off the upper bounds, with that $2.20 zone acting like a fortress wall for sellers. 🔻 The rejection candle on the higher timeframe tells me institutional shorts are already staged into this liquidity pool, waiting for retail bids to fill their order books.
📊 Volume backs the bearish thesis — every rally attempt faces heavier selling pressure, and the lower-timeframe structure keeps printing lower highs. ⚡ This is a clean liquidity sweep setup, the kind that rewards patience with a cascade down to the $1.92 inefficiency. 💬 Are you selling this rejection now or waiting for one last wick above $2.20 to load up? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PROM #ShortSetup #Bearish #Crypto #Trading
🔴 🦈
Entry: $2.14 - $2.20 ⚡
Target: $2.05 🎯
Target: $1.92 💥
Stop Loss: $2.28 ⚠️
📉 $PROM is printing textbook distribution off the upper bounds, with that $2.20 zone acting like a fortress wall for sellers. 🔻 The rejection candle on the higher timeframe tells me institutional shorts are already staged into this liquidity pool, waiting for retail bids to fill their order books.
📊 Volume backs the bearish thesis — every rally attempt faces heavier selling pressure, and the lower-timeframe structure keeps printing lower highs. ⚡ This is a clean liquidity sweep setup, the kind that rewards patience with a cascade down to the $1.92 inefficiency. 💬 Are you selling this rejection now or waiting for one last wick above $2.20 to load up? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PROM #ShortSetup #Bearish #Crypto #Trading
🔴 🦈