đŽ PROMUSDT â FUTURES SHORT (1H SCALP)
Entry Zone: $5.90 - $6.00
Stop Loss: $6.20
TP1: $5.55
TP2: $5.47
TP3: $5.36
R:R: 1:1.60 to TP1, 1:1.92 to TP2, 1:2.36 to TP3 (midpoint $5.95)
TF: 1H (SCALP)
This is a conditional setup â PROM is trading around $5.83 right now, below the entry zone, so the idea only triggers if price bounces back into $5.90-$6.00 and gets rejected there. Do not chase it lower.
Why I like this one: PROM spiked to $6.481 on the 08:00 UTC 1H candle on very heavy volume, then closed right back at $6.111, and the next hour fell to $5.722. That spike-and-fail is a clean rejection, and the bounce back into $5.90-$6.00 is where sellers should show up again. Targets are the recent support levels at $5.55, then $5.47, then $5.36 if sellers keep control.
Invalidation: a 1H close above $6.20 reclaims the rejection close and voids this idea â do not hold the short past that.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#PROM #PROMUSDT #CryptoTrading #FuturesTrading
Entry Zone: $5.90 - $6.00
Stop Loss: $6.20
TP1: $5.55
TP2: $5.47
TP3: $5.36
R:R: 1:1.60 to TP1, 1:1.92 to TP2, 1:2.36 to TP3 (midpoint $5.95)
TF: 1H (SCALP)
This is a conditional setup â PROM is trading around $5.83 right now, below the entry zone, so the idea only triggers if price bounces back into $5.90-$6.00 and gets rejected there. Do not chase it lower.
Why I like this one: PROM spiked to $6.481 on the 08:00 UTC 1H candle on very heavy volume, then closed right back at $6.111, and the next hour fell to $5.722. That spike-and-fail is a clean rejection, and the bounce back into $5.90-$6.00 is where sellers should show up again. Targets are the recent support levels at $5.55, then $5.47, then $5.36 if sellers keep control.
Invalidation: a 1H close above $6.20 reclaims the rejection close and voids this idea â do not hold the short past that.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#PROM #PROMUSDT #CryptoTrading #FuturesTrading
