$PROM is showing rejection after failing to sustain the $2.60 area following its sharp rally. The 30M structure is weakening, favoring a short setup while price remains below the $2.97 resistance.
$PROM — SHORT
Entry Zone: $2.61–$2.65
TP1: $2.46
TP2: $2.22
TP3: $2.02
Stop Loss: $2.97
Rationale: Price has lost momentum after the recent surge and is consolidating below resistance. A break below $2.46 would strengthen the bearish continuation toward lower support.
Bias: Bearish below $2.97. Manage risk carefully.
$PROM — SHORT
Entry Zone: $2.61–$2.65
TP1: $2.46
TP2: $2.22
TP3: $2.02
Stop Loss: $2.97
Rationale: Price has lost momentum after the recent surge and is consolidating below resistance. A break below $2.46 would strengthen the bearish continuation toward lower support.
Bias: Bearish below $2.97. Manage risk carefully.