đ Distribution or just a pause before continuation â thoughts on $PROM?
Here's the setup building on $PROM:
$PROM /USDT â SHORT
đ Entry: 4.9972 â 5.0274
đ Stop-loss: 5.0954
Targets đŻ
TP1: 4.9013
TP2: 4.8349
TP3: 4.7519
Why this setup?
âą Risk/reward to TP2 works out to roughly 2.13:1
âą EMA20 (5.1547) < EMA50 (5.2127) < EMA200 (5.3585) â clean bearish trend structure
âą Key support at 4.665, resistance at 5.445
â ïž Always DYOR â this is not financial advice.
Full setup above â trade đ $PROM
Here's the setup building on $PROM:
$PROM /USDT â SHORT
đ Entry: 4.9972 â 5.0274
đ Stop-loss: 5.0954
Targets đŻ
TP1: 4.9013
TP2: 4.8349
TP3: 4.7519
Why this setup?
âą Risk/reward to TP2 works out to roughly 2.13:1
âą EMA20 (5.1547) < EMA50 (5.2127) < EMA200 (5.3585) â clean bearish trend structure
âą Key support at 4.665, resistance at 5.445
â ïž Always DYOR â this is not financial advice.
Full setup above â trade đ $PROM
