🚨 $PROM LOSES CRITICAL SUPPORT AS BEARS DRAG PRICE TOWARD NEW LOWS! 📉
Entry: 5.69 - 5.85 ⚡
Target: 5.50 - 5.42 🎯
Stop Loss: 5.96 🛑
After a prolonged consolidation between 6.20 and 6.30, seller momentum finally snapped structure, pushing $PROM down to 5.419. The small relief bounce toward 5.69 lacks volume, leaving market structure heavily slanted toward the downside. 📊
The 5.69–5.85 pocket represents a textbook flip where old floor becomes firm overhead supply. 📌 Unless buyers reclaim 5.95 with conviction, expect rejection in this retest zone to drive price right back into the lower liquidity sweeps at 5.50 and 5.42. 🔍
Are you shorting this retest into resistance, or waiting for a clean break below 5.40? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PROM #ShortSetup #Crypto #Trading #Breakdown
📉 🐻
Entry: 5.69 - 5.85 ⚡
Target: 5.50 - 5.42 🎯
Stop Loss: 5.96 🛑
After a prolonged consolidation between 6.20 and 6.30, seller momentum finally snapped structure, pushing $PROM down to 5.419. The small relief bounce toward 5.69 lacks volume, leaving market structure heavily slanted toward the downside. 📊
The 5.69–5.85 pocket represents a textbook flip where old floor becomes firm overhead supply. 📌 Unless buyers reclaim 5.95 with conviction, expect rejection in this retest zone to drive price right back into the lower liquidity sweeps at 5.50 and 5.42. 🔍
Are you shorting this retest into resistance, or waiting for a clean break below 5.40? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PROM #ShortSetup #Crypto #Trading #Breakdown
📉 🐻