$PROM looks ready for a relief bounce!
After a sharp capitulation move, buyers could step in around support and trigger a short squeeze.
LONG Setup:
Entry: 4.768 ā 4.875
TP1: 5.25
TP2: 5.59
SL: 4.58
Oversold conditions make a bounce attractive, but volatility is extremely high. Let the support hold before adding.
Never all-in. Use a position size that fits your account. DYOR/NFA.$PROM
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity #FrenchHillUrgesCLARITYActPassageInLameDuck #IMFGrantsWaiverForElSalvadorBitcoinBreach #BinanceLaunchesBinanceIntelligence
After a sharp capitulation move, buyers could step in around support and trigger a short squeeze.
LONG Setup:
Entry: 4.768 ā 4.875
TP1: 5.25
TP2: 5.59
SL: 4.58
Oversold conditions make a bounce attractive, but volatility is extremely high. Let the support hold before adding.
Never all-in. Use a position size that fits your account. DYOR/NFA.$PROM
#FedMinutesFocusOnOctoberPause #VitalikWarnsAICouldWeakenCryptographySecurity #FrenchHillUrgesCLARITYActPassageInLameDuck #IMFGrantsWaiverForElSalvadorBitcoinBreach #BinanceLaunchesBinanceIntelligence