$PROM Breaking out of a bullish continuation flag, carrying massive upward momentum.
$PROM Long
Entry: 7.200 - 7.480
Targets: 7.600 / 8.000 / 8.500
SL: 6.700
Leverage: 2x - 3x (Low risk)
Reason:
Following an explosive +46.52% rally, $PROM underwent a healthy consolidation phase, forming a bullish flag on the 1-hour chart between the 6.500 and 7.000 levels. The current strong green breakout candle indicates that buyers have stepped back in aggressively. With momentum firmly on their side, bulls are aiming to shatter the 24-hour high of 7.550 and push into higher price discovery.
$PROM Long
Entry: 7.200 - 7.480
Targets: 7.600 / 8.000 / 8.500
SL: 6.700
Leverage: 2x - 3x (Low risk)
Reason:
Following an explosive +46.52% rally, $PROM underwent a healthy consolidation phase, forming a bullish flag on the 1-hour chart between the 6.500 and 7.000 levels. The current strong green breakout candle indicates that buyers have stepped back in aggressively. With momentum firmly on their side, bulls are aiming to shatter the 24-hour high of 7.550 and push into higher price discovery.
