$PROM 24-hour high confirmed.
24h +6.8%, current price 5.626, previous high 5.493.
Structurally, a new high means there’s less overhead supply from holders stuck at higher prices, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, watch out for a false breakout. Anyone who knows more care to share their thoughts?
#PROM
It’s your decision whether to buy or not; I’m just sharing.
24h +6.8%, current price 5.626, previous high 5.493.
Structurally, a new high means there’s less overhead supply from holders stuck at higher prices, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, watch out for a false breakout. Anyone who knows more care to share their thoughts?
#PROM
It’s your decision whether to buy or not; I’m just sharing.