$PROM - SHORT
Entry Zone: 1.98 – 2.02
Stop Loss: 2.15
Targets:
TP1: 1.85
TP2: 1.72
TP3: 1.60
The parabolic move into 2.798 was followed by immediate heavy selling pressure and volume confirmation. Price failed to hold above the short-term MAs and is now respecting the downside structure on 15m–4h. As long as price stays below 2.10–2.15, the path of least resistance remains lower toward the 1.58 liquidity zone. Daily trend is still constructive longer-term, so this is a short-term corrective short, not a trend reversal call.
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