$PROM is not a clean short yet. The 1H structure is still aggressively bullish after a +170% weekly move. 📈
The better setup is to wait for confirmation rather than shorting strength blindly:
🔥 $PROM SHORT WATCH
Entry: 7.20–7.35 only if rejection confirms
🛑 SL: 7.60–7.90
🎯 TP1: 6.90
🎯 TP2: 6.55
🎯 TP3: 6.20
🎯 Extension: 5.50
Why I’d be cautious: • Price just made a sharp vertical expansion
• 7.50–7.90 is the immediate resistance/supply zone
• Current candles show rejection but no confirmed breakdown yet
• A reclaim above 7.50 invalidates the short thesis
• If 7.00 breaks with momentum, the pullback can accelerate quickly
⚠️ The trap: shorting simply because it looks “overbought.” A strong trend can remain irrationally strong far longer than a leveraged short can survive.
No breakdown = no rush. Confirmation first. 🎯
$4
#AfghanistanTalibanReportedlyBansCryptoNationwide #TradingSignals #GoldFalls3.24%ThisWeek #VenezuelaUSSign25YearOilDeal #ICBAOpposesCLARITYActOverStablecoinLoophole
The better setup is to wait for confirmation rather than shorting strength blindly:
🔥 $PROM SHORT WATCH
Entry: 7.20–7.35 only if rejection confirms
🛑 SL: 7.60–7.90
🎯 TP1: 6.90
🎯 TP2: 6.55
🎯 TP3: 6.20
🎯 Extension: 5.50
Why I’d be cautious: • Price just made a sharp vertical expansion
• 7.50–7.90 is the immediate resistance/supply zone
• Current candles show rejection but no confirmed breakdown yet
• A reclaim above 7.50 invalidates the short thesis
• If 7.00 breaks with momentum, the pullback can accelerate quickly
⚠️ The trap: shorting simply because it looks “overbought.” A strong trend can remain irrationally strong far longer than a leveraged short can survive.
No breakdown = no rush. Confirmation first. 🎯
$4
#AfghanistanTalibanReportedlyBansCryptoNationwide #TradingSignals #GoldFalls3.24%ThisWeek #VenezuelaUSSign25YearOilDeal #ICBAOpposesCLARITYActOverStablecoinLoophole
Long ↗️
Short↘️
7 ساعة (ساعات) مُتبقية