$PROM just swept a key level and reclaimed it.
The 1h/4h context still favors sellers, and volume is backing the move.
I would rather see price reject around $5.202–$5.233 than short after the move is already stretched. The setup is invalid if price cleanly crosses $5.249.
Would you trade this short setup now, or wait for a cleaner reaction?
#PROM #Trading
Trade plan: SHORT
Entry: $5.202 - $5.233
SL: $5.249
TP1: $5.176
TP2: $5.176
TP3: $5.101
The 1h/4h context still favors sellers, and volume is backing the move.
I would rather see price reject around $5.202–$5.233 than short after the move is already stretched. The setup is invalid if price cleanly crosses $5.249.
Would you trade this short setup now, or wait for a cleaner reaction?
#PROM #Trading
Trade plan: SHORT
Entry: $5.202 - $5.233
SL: $5.249
TP1: $5.176
TP2: $5.176
TP3: $5.101
