$PROM Blood liquidity spilling.. The decline extends toward $5.40 🔴
Beginner capsule: The price broke below the $5.70 support on weak trading volume, suggesting buyers are giving up. The next target is the $5.40 zone before any technical rebound.
The story behind the move: We saw a complete absorption of buy-side liquidity at $5.80 during the past sessions. The 15-minute RSI closed below 40 for the first time in a week, confirming sellers’ control and the absence of real demand. Whales are quietly unwinding positions without making noise, and the current volume (Vol Ratio near zero) confirms there are no new buyers defending the price.
Risk/Reward opportunity: The current entry around $5.64 gives you a very tight stop-loss just above $5.75 (a broken support turned into resistance), versus an open target toward $5.40, then $5.20. Profit ratio clearly above 1:3.
Will you take advantage of the short-term momentum collapse to get a clean short, or will you wait for a break below $5.40 for confirmation? Write your target in the comments 👇
$PROM
This content is not investment advice—do your own research (DYOR)
Beginner capsule: The price broke below the $5.70 support on weak trading volume, suggesting buyers are giving up. The next target is the $5.40 zone before any technical rebound.
The story behind the move: We saw a complete absorption of buy-side liquidity at $5.80 during the past sessions. The 15-minute RSI closed below 40 for the first time in a week, confirming sellers’ control and the absence of real demand. Whales are quietly unwinding positions without making noise, and the current volume (Vol Ratio near zero) confirms there are no new buyers defending the price.
Risk/Reward opportunity: The current entry around $5.64 gives you a very tight stop-loss just above $5.75 (a broken support turned into resistance), versus an open target toward $5.40, then $5.20. Profit ratio clearly above 1:3.
Will you take advantage of the short-term momentum collapse to get a clean short, or will you wait for a break below $5.40 for confirmation? Write your target in the comments 👇
$PROM
This content is not investment advice—do your own research (DYOR)
