$PROM Current price $5.59, down 5.79% in 24 hours. Who would have thought the trap in this rally was actually hidden in the spot market? Many people still haven't realized it.
The news says positive developments will attract funds, but the overall sentiment index on the web is only 50, neutral, and the spot market's buying support hasn't kept up at all.
Don't casually spread the idea that good news has already been priced in, and there's no evidence that the big players are unloading. It's just that sentiment hasn't heated up yet, and the trading volume can't support the rise. Don't try to catch a falling knife.
The entry value is too low right now. Wait until spot absorption increases and the sentiment index breaks above 60 before making a move. If there's no signal, keep watching.
If you want to practice, you can sign up for the Binance Spot Trading Tournament S8. It's a good chance to observe the buying support of different assets and also share the prize pool.
Do you think $PROM can keep rising because spot support is strong, or will it pull back because sentiment is lagging? If you're bullish, press 1; if you're waiting for confirmation, press 2.
#Write2Earn #BinanceSquare #PROM Spot #SpotTradingTournament
The news says positive developments will attract funds, but the overall sentiment index on the web is only 50, neutral, and the spot market's buying support hasn't kept up at all.
Don't casually spread the idea that good news has already been priced in, and there's no evidence that the big players are unloading. It's just that sentiment hasn't heated up yet, and the trading volume can't support the rise. Don't try to catch a falling knife.
The entry value is too low right now. Wait until spot absorption increases and the sentiment index breaks above 60 before making a move. If there's no signal, keep watching.
If you want to practice, you can sign up for the Binance Spot Trading Tournament S8. It's a good chance to observe the buying support of different assets and also share the prize pool.
Do you think $PROM can keep rising because spot support is strong, or will it pull back because sentiment is lagging? If you're bullish, press 1; if you're waiting for confirmation, press 2.
#Write2Earn #BinanceSquare #PROM Spot #SpotTradingTournament