đš $PROM SHORT SETUP â SUPPLY IS GETTING TESTED
$PROM is sitting at 5.225 after pushing into a key resistance area.
This is where Iâm watching for the rejection. đ
Trade Plan:
đŽ Entry: 5.225 â 5.300
đŻ TP1: 5.076
đŻ TP2: 4.983
đŻ TP3: 4.820
đ SL: 5.397
Why this setup?
âą Price is trading above the MA(7) at 5.024 and MA(25) at 5.076, making the current zone a key decision area.
âą 5.397 is the visible 24H high â clean invalidation for the short thesis.
âą Below, 4.983 â 4.820 opens the path toward the lower part of the range.
âą 24H volume is already sitting around 66.76M USDT, so this is not a dead market.
The setup is simple:
Reject the supply â lose 5.07 â sellers can start hunting 4.98 and 4.82.
Iâm not chasing the candle.
Iâm waiting for confirmation and letting the level do the work. đŻ
#PROM #Altcoins #TradingSetup #Bilverse
$PROM is sitting at 5.225 after pushing into a key resistance area.
This is where Iâm watching for the rejection. đ
Trade Plan:
đŽ Entry: 5.225 â 5.300
đŻ TP1: 5.076
đŻ TP2: 4.983
đŻ TP3: 4.820
đ SL: 5.397
Why this setup?
âą Price is trading above the MA(7) at 5.024 and MA(25) at 5.076, making the current zone a key decision area.
âą 5.397 is the visible 24H high â clean invalidation for the short thesis.
âą Below, 4.983 â 4.820 opens the path toward the lower part of the range.
âą 24H volume is already sitting around 66.76M USDT, so this is not a dead market.
The setup is simple:
Reject the supply â lose 5.07 â sellers can start hunting 4.98 and 4.82.
Iâm not chasing the candle.
Iâm waiting for confirmation and letting the level do the work. đŻ
#PROM #Altcoins #TradingSetup #Bilverse
