đš $PROM LOSES CRITICAL SUPPORT AS BEARS DRAG PRICE TOWARD NEW LOWS! đ
Entry: 5.69 - 5.85 âĄ
Target: 5.50 - 5.42 đŻ
Stop Loss: 5.96 đ
After a prolonged consolidation between 6.20 and 6.30, seller momentum finally snapped structure, pushing $PROM down to 5.419. The small relief bounce toward 5.69 lacks volume, leaving market structure heavily slanted toward the downside. đ
The 5.69â5.85 pocket represents a textbook flip where old floor becomes firm overhead supply. đ Unless buyers reclaim 5.95 with conviction, expect rejection in this retest zone to drive price right back into the lower liquidity sweeps at 5.50 and 5.42. đ
Are you shorting this retest into resistance, or waiting for a clean break below 5.40? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #PROM #ShortSetup #Crypto #Trading #Breakdown
đ đ»
Entry: 5.69 - 5.85 âĄ
Target: 5.50 - 5.42 đŻ
Stop Loss: 5.96 đ
After a prolonged consolidation between 6.20 and 6.30, seller momentum finally snapped structure, pushing $PROM down to 5.419. The small relief bounce toward 5.69 lacks volume, leaving market structure heavily slanted toward the downside. đ
The 5.69â5.85 pocket represents a textbook flip where old floor becomes firm overhead supply. đ Unless buyers reclaim 5.95 with conviction, expect rejection in this retest zone to drive price right back into the lower liquidity sweeps at 5.50 and 5.42. đ
Are you shorting this retest into resistance, or waiting for a clean break below 5.40? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #PROM #ShortSetup #Crypto #Trading #Breakdown
đ đ»