$PROM I revised the most recent data of #PROM (Prometheus) and there’s something important: the price is showing a sharp drop and quite a bit of volatility. CoinLore reports around #USDT $4,88, with a 11,83% drop in 24 h; it also identifies #USDC $4,24 as nearby support and #USDC✅ $3,70 as the next important area.
I WOULD NOT buy everything right now
If my goal were to accumulate #PROM thinking there will be a rebound, I would plan a staggered entry.
The reason is that US$4,24 is currently showing up as a technical support level, and US$3,70 is a second historical support zone.
Example with US$1,000
US$200 → $4,20
US$350 → $3,70
US$300 → $3,20
US$150 → reserve, in case there’s an even bigger drop.
This avoids the classic problem of trying to guess the exact “bottom.” With a coin this volatile, buying in steps seems much more sensible to me.
I WOULD NOT buy everything right now
If my goal were to accumulate #PROM thinking there will be a rebound, I would plan a staggered entry.
The reason is that US$4,24 is currently showing up as a technical support level, and US$3,70 is a second historical support zone.
Example with US$1,000
US$200 → $4,20
US$350 → $3,70
US$300 → $3,20
US$150 → reserve, in case there’s an even bigger drop.
This avoids the classic problem of trying to guess the exact “bottom.” With a coin this volatile, buying in steps seems much more sensible to me.
