$PROM (click to trade) has fallen significantly today, reaching 4.63 yuan and touching a 24-hour low of 4.41 yuan. Short-term panic has caused the price to plunge, but looking at the broader trend, it remains in an uptrend. Keep an eye on the moving averages below (such as the 50-day and 200-day moving averages), which could provide support during the correction.
We recommend patiently monitoring market movements and avoiding blindly buying the dip. The key support level is around 4.3 yuan. If it holds, the price may have a better chance of retesting and recovering. For now, consider waiting on the sidelines and entering only after the price clearly breaks above or below a key level.
Do you think $PROM can successfully retest and recover? #技術分析 #Binance
We recommend patiently monitoring market movements and avoiding blindly buying the dip. The key support level is around 4.3 yuan. If it holds, the price may have a better chance of retesting and recovering. For now, consider waiting on the sidelines and entering only after the price clearly breaks above or below a key level.
Do you think $PROM can successfully retest and recover? #技術分析 #Binance