Down 4.3% over $PROM 5 minutes, with the current price at 5.257. Two possible scenarios from here:
① It stabilizes and climbs back above where the decline began → this was probably just a shakeout
② It rebounds but fails to reclaim that level, then breaks below the 24-hour low of 5.073 → the downtrend will most likely continue
I’d wait to see how the first rebound plays out before making a judgment. What do you think happens next?
#PROM
This is only my personal opinion. Please make your own decisions when buying or selling.
① It stabilizes and climbs back above where the decline began → this was probably just a shakeout
② It rebounds but fails to reclaim that level, then breaks below the 24-hour low of 5.073 → the downtrend will most likely continue
I’d wait to see how the first rebound plays out before making a judgment. What do you think happens next?
#PROM
This is only my personal opinion. Please make your own decisions when buying or selling.