⚠️ $PROM — Extreme Flush, Bounce Watch
$PROM just got hit with a sharp selloff, dropping 11.90% to around $4.88 and printing a fresh 24H low at $4.852.
RSI(6) is only 17.2 — deeply oversold on the 15M chart. That doesn't guarantee a reversal, but a relief bounce could develop if buyers defend the low.
📍 Bounce levels
🟢 Entry: $4.86–4.92 only after stabilization
🎯 TP1: $5.00
🎯 TP2: $5.17
🎯 TP3: $5.34
🚀 Stronger recovery: $5.52
🛑 Invalidation: below $4.80
🔥 The key: $4.85 is the immediate battlefield. Reclaiming $5.00 with volume would give the bounce more confirmation.
If $4.85 fails, I would not try to catch the falling knife.
Bounce from $4.85 or another leg down? 👀
⚠️ Extreme volatility. Wait for confirmation and manage risk.
$PROM
#PROM
$PROM just got hit with a sharp selloff, dropping 11.90% to around $4.88 and printing a fresh 24H low at $4.852.
RSI(6) is only 17.2 — deeply oversold on the 15M chart. That doesn't guarantee a reversal, but a relief bounce could develop if buyers defend the low.
📍 Bounce levels
🟢 Entry: $4.86–4.92 only after stabilization
🎯 TP1: $5.00
🎯 TP2: $5.17
🎯 TP3: $5.34
🚀 Stronger recovery: $5.52
🛑 Invalidation: below $4.80
🔥 The key: $4.85 is the immediate battlefield. Reclaiming $5.00 with volume would give the bounce more confirmation.
If $4.85 fails, I would not try to catch the falling knife.
Bounce from $4.85 or another leg down? 👀
⚠️ Extreme volatility. Wait for confirmation and manage risk.
$PROM
#PROM