🔥 $PROM SHORT SETUP IS LOADING?
After a massive +45% daily move, $PROM is looking heavily extended. Price is trading well above the Bollinger upper band, while $7.89 is the immediate resistance/high.
📉 My SHORT idea:
🔴 Entry: $7.10–$7.40 on rejection
🛑 SL: $8.05
🎯 TP1: $6.45
🎯 TP2: $5.50
🎯 TP3: $4.90
I would NOT short blindly here. Wait for a clear rejection/failed breakout around $7.20–$7.90 and confirmation before entering.
⚠️ After such a vertical move, volatility can be extreme. Manage risk carefully. Binance notes that technical indicators can produce false signals, so confirmation matters.
PROM is the native token of the Prom network, which currently operates as a scalable network based on Polygon CDK.
$SKR
SHORT or continuation? 👀
#prom #PROMUSDTH
After a massive +45% daily move, $PROM is looking heavily extended. Price is trading well above the Bollinger upper band, while $7.89 is the immediate resistance/high.
📉 My SHORT idea:
🔴 Entry: $7.10–$7.40 on rejection
🛑 SL: $8.05
🎯 TP1: $6.45
🎯 TP2: $5.50
🎯 TP3: $4.90
I would NOT short blindly here. Wait for a clear rejection/failed breakout around $7.20–$7.90 and confirmation before entering.
⚠️ After such a vertical move, volatility can be extreme. Manage risk carefully. Binance notes that technical indicators can produce false signals, so confirmation matters.
PROM is the native token of the Prom network, which currently operates as a scalable network based on Polygon CDK.
$SKR
SHORT or continuation? 👀
#prom #PROMUSDTH
