🚨 STRONG REJECTION OF A SELL AT 5.488 CATCHES THE BULLS WHILE THE VOLUME $PROM FADES. 🔻
Entry: 5.113 ⚡
Target: 4.640 🎯
Stop Loss: 5.200 ⚠️
The sellers have just slammed the door shut on $PROM near 5.488, leaving a brutal upper wick that signals aggressive distribution by institutions. 📉 Every upward push is immediately crushed as profit-taking pressure takes full control of the tape.
The RSI plunges hard out of the overbought zone, while the MACD histogram tightens and buy volume completely dries up. 📊 A quick mean-reversion slide to refill the MA7 support line is becoming the path of least resistance.
💬 Are you stepping in front of this bearish momentum or riding the short wave toward support? 👇
⚠️ Not financial advice
Entry: 5.113 ⚡
Target: 4.640 🎯
Stop Loss: 5.200 ⚠️
The sellers have just slammed the door shut on $PROM near 5.488, leaving a brutal upper wick that signals aggressive distribution by institutions. 📉 Every upward push is immediately crushed as profit-taking pressure takes full control of the tape.
The RSI plunges hard out of the overbought zone, while the MACD histogram tightens and buy volume completely dries up. 📊 A quick mean-reversion slide to refill the MA7 support line is becoming the path of least resistance.
💬 Are you stepping in front of this bearish momentum or riding the short wave toward support? 👇
⚠️ Not financial advice
