๐จ HEAVY SELLER REJECTION AT 5.488 TRAPS BULLS AS $PROM VOLUME FADES OUT! ๐ป
Entry: 5.113 โก
Target: 4.640 ๐ฏ
Stop Loss: 5.200 โ ๏ธ
Sellers just slammed the door shut on $PROM near 5.488, leaving a brutal upper wick that signals aggressive institutional distribution. ๐ Every push higher gets crushed instantly as profit-taking pressure takes full control of the tape.
RSI is plunging sharply out of overbought territory while the MACD histogram narrows and buy volume dries up entirely. ๐ A swift mean-reversion slide down to fill the MA7 support line is turning into the path of least resistance.
๐ฌ Are you stepping in front of this downward momentum or riding the short wave down to support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PROM #ShortSetup #Altcoins #Trading #Crypto
๐ป ๐
Entry: 5.113 โก
Target: 4.640 ๐ฏ
Stop Loss: 5.200 โ ๏ธ
Sellers just slammed the door shut on $PROM near 5.488, leaving a brutal upper wick that signals aggressive institutional distribution. ๐ Every push higher gets crushed instantly as profit-taking pressure takes full control of the tape.
RSI is plunging sharply out of overbought territory while the MACD histogram narrows and buy volume dries up entirely. ๐ A swift mean-reversion slide down to fill the MA7 support line is turning into the path of least resistance.
๐ฌ Are you stepping in front of this downward momentum or riding the short wave down to support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #PROM #ShortSetup #Altcoins #Trading #Crypto
๐ป ๐
