$PROM — Price Fades Under 7.050 as the Descending Channel Tightens
Trade Plan: Short $PROM
Entry: Now at CMP
Stoploss: 7.419
Take Profit:
TP1 — 6.348
TP2 — 5.567
TP3 — 4.856
Why this Trade setup?
Price is struggling beneath the 7.050 resistance while respecting a descending channel after the sharp rally. Continued rejection from this zone could accelerate the pullback toward 6.348, with deeper support levels in play.
Click here to trade 👇 $PROM
Trade Plan: Short $PROM
Entry: Now at CMP
Stoploss: 7.419
Take Profit:
TP1 — 6.348
TP2 — 5.567
TP3 — 4.856
Why this Trade setup?
Price is struggling beneath the 7.050 resistance while respecting a descending channel after the sharp rally. Continued rejection from this zone could accelerate the pullback toward 6.348, with deeper support levels in play.
Click here to trade 👇 $PROM
