PROM is slipping into a bearish zone around 0.86, eyeing the next swing low for a clear short entry.
🔴 $PROM SHORT 📉
Entry → $5.5814-$5.5926
Stop → $5.7546 (-3.0%)
TP1 → $5.5032 (+1.5%)
TP2 → $5.3076 (+5.0%)
R/R 1:1.7 • Confidence 65%
The market broke a higher low (CHoCH) and the CVD turned negative, confirming the down move. A fresh fair value gap lines up with an order block, creating a POI confluence that pins the price. The structure now shows a descending channel, making the short bias strong.
A 3.0% stop is relatively tight for this swing, so keep leverage modest – around 2x to 3x.
Take partial profit at the first target as the price approaches the mid‑FVG level.
As always: manage your risk, this is not financial advice 🙏
$PROM #PROMUSDT #FedWatch #TradingSignals #Write2Earn
🔴 $PROM SHORT 📉
Entry → $5.5814-$5.5926
Stop → $5.7546 (-3.0%)
TP1 → $5.5032 (+1.5%)
TP2 → $5.3076 (+5.0%)
R/R 1:1.7 • Confidence 65%
The market broke a higher low (CHoCH) and the CVD turned negative, confirming the down move. A fresh fair value gap lines up with an order block, creating a POI confluence that pins the price. The structure now shows a descending channel, making the short bias strong.
A 3.0% stop is relatively tight for this swing, so keep leverage modest – around 2x to 3x.
Take partial profit at the first target as the price approaches the mid‑FVG level.
As always: manage your risk, this is not financial advice 🙏
$PROM #PROMUSDT #FedWatch #TradingSignals #Write2Earn