๐ $PROM Short Setup: Clean Levels, Riding the Trend
We caught $PROM slipping, and this setup is too clean to ignore. The trend is completely locked in a downtrend across all lower timeframes, with price trading well below the 20 EMA at 4.8606. MACD sits firmly in negative territory at -0.1261 and RSI is at 36.24, showing the bears are still completely in control after a -16.36% drop. We're taking the shot.
๐ Direction: SHORT
๐ฏ Entry Zone: 4.6239 โ 4.6842
๐ฐ Take Profit 1: 4.4282
๐ฐ Take Profit 2: 4.2926
๐ Stop Loss: 4.8348
โก Confidence: 75% | Risk Rating: LOW
If buyers push above the stop, we walk away. Until then, we ride the momentum down.
Not financial advice. Always do your own research.
Follow for daily crypto updates.
#DeGenYuv #PROM
We caught $PROM slipping, and this setup is too clean to ignore. The trend is completely locked in a downtrend across all lower timeframes, with price trading well below the 20 EMA at 4.8606. MACD sits firmly in negative territory at -0.1261 and RSI is at 36.24, showing the bears are still completely in control after a -16.36% drop. We're taking the shot.
๐ Direction: SHORT
๐ฏ Entry Zone: 4.6239 โ 4.6842
๐ฐ Take Profit 1: 4.4282
๐ฐ Take Profit 2: 4.2926
๐ Stop Loss: 4.8348
โก Confidence: 75% | Risk Rating: LOW
If buyers push above the stop, we walk away. Until then, we ride the momentum down.
Not financial advice. Always do your own research.
Follow for daily crypto updates.
#DeGenYuv #PROM