$PROM STRONG RESISTANCE HIT â TIME TO SHORT? đ„
Entry: 1.650 â 1.670 đ„
Target: 1.600 đ
Stop Loss: 1.710 â ïž
Price rallied into the 1.65â1.67 zone where sellers have defended multiple times before. Momentum is slowing â the daily candle is showing lower wicks and volume is dropping.
Reversal patterns are forming right at this resistance. If we see a rejection candle on the 1H, itâs a clean fade setup down to 1.600 first, then further. The risk-to-reward on the first leg is solid.
Are you shorting here or waiting for a break and retest?
Not financial advice. Always manage your risk.
#PROM #ShortSetup #FadeThePump #Crypto #Trading
đ
Entry: 1.650 â 1.670 đ„
Target: 1.600 đ
Stop Loss: 1.710 â ïž
Price rallied into the 1.65â1.67 zone where sellers have defended multiple times before. Momentum is slowing â the daily candle is showing lower wicks and volume is dropping.
Reversal patterns are forming right at this resistance. If we see a rejection candle on the 1H, itâs a clean fade setup down to 1.600 first, then further. The risk-to-reward on the first leg is solid.
Are you shorting here or waiting for a break and retest?
Not financial advice. Always manage your risk.
#PROM #ShortSetup #FadeThePump #Crypto #Trading
đ
