$PROM After strong correction, it reached an area that deserves follow-up 👀
The current price is near the 50 EMA on the 4-hour timeframe and is also aligned with the 0.618 Fibonacci level. The most important part is the appearance of Bullish Divergence, which gives a high probability of a rebound from this zone.
Entry zone: 5.400 – 5.500
TP1: 6.000
TP2: 6.480
TP3: 6.900
Stop loss: 4H close below 5.100
If the coin holds this zone, we may see a new upward rally.
The current price is near the 50 EMA on the 4-hour timeframe and is also aligned with the 0.618 Fibonacci level. The most important part is the appearance of Bullish Divergence, which gives a high probability of a rebound from this zone.
Entry zone: 5.400 – 5.500
TP1: 6.000
TP2: 6.480
TP3: 6.900
Stop loss: 4H close below 5.100
If the coin holds this zone, we may see a new upward rally.
