EVERYONE IS ASKING ME WHAT $PROM COULD DO NEXT.š
$PROM just made a massive breakout on the daily chart, pushing from the $1.7ā$2.6 range all the way toward $5.
Price is now around $4.24 after rejecting from the $4.99 high.
The key level is $5.00. A clean daily break and hold above that area could signal another expansion higher.
But after such an aggressive move, a pullback would be completely normal. The $3.45ā$3.60 area is the first major zone Iād watch for buyers to defend.
For now, the trend remains strongly bullish while price holds above the breakout area.
$5.00 break ā potential continuation.
$3.45ā$3.60 ā key pullback zone.
$PROM just made a massive breakout on the daily chart, pushing from the $1.7ā$2.6 range all the way toward $5.
Price is now around $4.24 after rejecting from the $4.99 high.
The key level is $5.00. A clean daily break and hold above that area could signal another expansion higher.
But after such an aggressive move, a pullback would be completely normal. The $3.45ā$3.60 area is the first major zone Iād watch for buyers to defend.
For now, the trend remains strongly bullish while price holds above the breakout area.
$5.00 break ā potential continuation.
$3.45ā$3.60 ā key pullback zone.
