$PROM — I’m currently watching SHORT.
On the 1H timeframe, the price is still making lower highs and lower lows, and for now it remains below $5.747.
$BTC also looks weak, so for now sellers seem stronger to me.
But there’s a nuance: the daily and weekly charts are still pointing up. So I wouldn’t open a SHORT at the current price just like that.
I’m interested in the $5.20–$5.24 zone.
If the price returns there, gets rejected, and then goes down again — then I’ll look at a SHORT.
🎯 $4.803
🎯 $3.721
And if 1H closes above $5.747, I cancel the bearish scenario.
For now, I’m waiting for a proper signal, not guessing.
On the 1H timeframe, the price is still making lower highs and lower lows, and for now it remains below $5.747.
$BTC also looks weak, so for now sellers seem stronger to me.
But there’s a nuance: the daily and weekly charts are still pointing up. So I wouldn’t open a SHORT at the current price just like that.
I’m interested in the $5.20–$5.24 zone.
If the price returns there, gets rejected, and then goes down again — then I’ll look at a SHORT.
🎯 $4.803
🎯 $3.721
And if 1H closes above $5.747, I cancel the bearish scenario.
For now, I’m waiting for a proper signal, not guessing.
