$PROM Spot: 5.338, almost back to the hourly mean. I’ll note it as a spike followed by a pullback.
The average close of the last 20 completed hourly candles is 5.33675. The previous hour closed at 5.418, up from 5.295; the current price has already fallen below the latest close.
That candle’s trading volume was 1.23 times the average of the previous 6 candles. After a rise on elevated volume, what matters more is how much of the gain holds.
If subsequent closes fall below the average, this recovery setup will need to be downgraded. For now, I wouldn’t treat it as a breakout structure.
Data time: UTC+8 2026-11-10 14:38
The average close of the last 20 completed hourly candles is 5.33675. The previous hour closed at 5.418, up from 5.295; the current price has already fallen below the latest close.
That candle’s trading volume was 1.23 times the average of the previous 6 candles. After a rise on elevated volume, what matters more is how much of the gain holds.
If subsequent closes fall below the average, this recovery setup will need to be downgraded. For now, I wouldn’t treat it as a breakout structure.
Data time: UTC+8 2026-11-10 14:38