🔴 $PROM /USDT — SHORT SIGNAL
Trade Plan:
Direction: SHORT 📉
Entry: $4.78 – $4.84
Stop Loss (SL): $4.93
Take Profits:
TP1: $4.65
TP2: $4.56
TP3: $4.40
Trade here $PROM
Analysis:
PROM down approximately 8% in 24 hours.
Strong selling pressure visible.
Price trading near daily support.
Buyers showing weakness.
Bearish momentum favors further downside.
Breakdown below $4.56 could trigger another sharp drop.
Confirmation:
Rejection from $4.80–$4.84 supports a short.
A clean break below $4.56 confirms bearish continuation.
Risk-to-Reward: Approximately 1:1.3 to TP1, 1:2.1 to TP2, and 1:3.4 to TP3 (using midpoint entry).
⚠️ Avoid chasing the price. Wait for confirmation and use proper risk management.
#PROM #PROMUSDT #CryptoSignals #ShortSignal #BinanceTrading
Trade Plan:
Direction: SHORT 📉
Entry: $4.78 – $4.84
Stop Loss (SL): $4.93
Take Profits:
TP1: $4.65
TP2: $4.56
TP3: $4.40
Trade here $PROM
Analysis:
PROM down approximately 8% in 24 hours.
Strong selling pressure visible.
Price trading near daily support.
Buyers showing weakness.
Bearish momentum favors further downside.
Breakdown below $4.56 could trigger another sharp drop.
Confirmation:
Rejection from $4.80–$4.84 supports a short.
A clean break below $4.56 confirms bearish continuation.
Risk-to-Reward: Approximately 1:1.3 to TP1, 1:2.1 to TP2, and 1:3.4 to TP3 (using midpoint entry).
⚠️ Avoid chasing the price. Wait for confirmation and use proper risk management.
#PROM #PROMUSDT #CryptoSignals #ShortSignal #BinanceTrading
