🔥 DON'T SLEEP GUYS — $PROM IS GOING TO $10
PROM is giving me a very different setup after checking the extra data. The move from ~$5 to $7.9 was not just a random candle — CVD expanded hard with price, OI increased heavily, and spot/money flow is still showing real participation.
Derivatives are mixed but interesting. OI reached around 4.1M and is still near 4M. Top-trader accounts are heavily short, around 60%+ short, while top-trader positions remain slightly long. Funding is around -0.002%, so shorts are already crowded. That makes me careful about shorting directly into this move.
The liquidation maps are even more interesting. There is heavy liquidity around $7.25–$7.40, then $7.65–$7.85, with another major pocket around $7.9–$8.0. Below, the biggest nearby liquidity sits around $6.7–$6.8, followed by $6.3–$6.4. So I expect volatility around these zones instead of a straight line.
Spot flow also matters. On the 1H, large + medium orders are slightly net selling, but on the 1D, large + medium flow remains positive. So I don't see a complete distribution picture yet.
And CVD is the part I like most: it climbed from roughly 4.5M to almost 6M with the rally and, even after the rejection from ~$7.9, it has not collapsed. Price pulled back while CVD stayed relatively strong — that's why I don't want to chase a short here.
PROM is also trading on spot, and with the broader rotation we're watching from BTC into lower-cap alpha names, I think shorting this pump blindly has worse RR than waiting for a pullback and joining the trend. Rotation isn't guaranteed, but the current data doesn't give me enough reason to fight it.
My confirmation: I want the $6.8–$7.0 area to hold, then 15m/30m bullish confirmation with CVD stabilizing or turning up. If PROM instead loses $6.7 with CVD weakness + OI unwinding, I'll cancel the long idea.
Guys, yesterday my $4 configuration didn't work, so this time I checked extra data and went much deeper before making this call. No rushing, no blind entry — let the confirmation come first. $BTR
PROM is giving me a very different setup after checking the extra data. The move from ~$5 to $7.9 was not just a random candle — CVD expanded hard with price, OI increased heavily, and spot/money flow is still showing real participation.
Derivatives are mixed but interesting. OI reached around 4.1M and is still near 4M. Top-trader accounts are heavily short, around 60%+ short, while top-trader positions remain slightly long. Funding is around -0.002%, so shorts are already crowded. That makes me careful about shorting directly into this move.
The liquidation maps are even more interesting. There is heavy liquidity around $7.25–$7.40, then $7.65–$7.85, with another major pocket around $7.9–$8.0. Below, the biggest nearby liquidity sits around $6.7–$6.8, followed by $6.3–$6.4. So I expect volatility around these zones instead of a straight line.
Spot flow also matters. On the 1H, large + medium orders are slightly net selling, but on the 1D, large + medium flow remains positive. So I don't see a complete distribution picture yet.
And CVD is the part I like most: it climbed from roughly 4.5M to almost 6M with the rally and, even after the rejection from ~$7.9, it has not collapsed. Price pulled back while CVD stayed relatively strong — that's why I don't want to chase a short here.
PROM is also trading on spot, and with the broader rotation we're watching from BTC into lower-cap alpha names, I think shorting this pump blindly has worse RR than waiting for a pullback and joining the trend. Rotation isn't guaranteed, but the current data doesn't give me enough reason to fight it.
My confirmation: I want the $6.8–$7.0 area to hold, then 15m/30m bullish confirmation with CVD stabilizing or turning up. If PROM instead loses $6.7 with CVD weakness + OI unwinding, I'll cancel the long idea.
Guys, yesterday my $4 configuration didn't work, so this time I checked extra data and went much deeper before making this call. No rushing, no blind entry — let the confirmation come first. $BTR
