$PROM is currently experiencing a local pullback after dropping below the MA60 line at $4.147, though the 24h trend remains up +7.28%. Sellers hold short-term control with price testing immediate support near $4.126 above the 24h low of $3.478. High-leverage longs are under pressure as price sweeps internal liquidity, but holding above $4.00 could trap aggressive shorts anticipating a breakdown.
🎯 Trade Setup
Direction:
SHORT
Entry Zone:
$4.130 – $4.180
Take Profit 1:
$3.980
Take Profit 2:
$3.820
Take Profit 3:
$3.550
Stop Loss:
$4.260
Risk : Reward:
2.1
Trade Type:
Intraday
#prom