$PROM
#promusdt is trading around the 2.746 mark (+81.9% over the past 30 days) after pushing up to test a recent local high near 3.100. The daily chart demonstrates a strong higher-low bullish trend expanding off its 1.000 macro base, with price continuously absorbing selling pressure near upper levels.
The nearest support sits around 2.200–2.400, which served as the consolidation floor prior to this latest move up. Below that, key structural support rests near 1.800–2.000. Overall, the market structure remains bullish, showing sustained buyer interest and a series of higher lows following the bottom formation near 1.000.
Traders should monitor whether price can establish a solid daily base above 2.600 to preserve momentum for another run at overhead resistance. A rejection near 2.800 could lead to temporary range consolidation between 2.200 and 2.800. On the upside, a clean daily close above 3.100 would clear the path toward testing the 3.500 and 4.000 major resistance targets.
#promusdt is trading around the 2.746 mark (+81.9% over the past 30 days) after pushing up to test a recent local high near 3.100. The daily chart demonstrates a strong higher-low bullish trend expanding off its 1.000 macro base, with price continuously absorbing selling pressure near upper levels.
The nearest support sits around 2.200–2.400, which served as the consolidation floor prior to this latest move up. Below that, key structural support rests near 1.800–2.000. Overall, the market structure remains bullish, showing sustained buyer interest and a series of higher lows following the bottom formation near 1.000.
Traders should monitor whether price can establish a solid daily base above 2.600 to preserve momentum for another run at overhead resistance. A rejection near 2.800 could lead to temporary range consolidation between 2.200 and 2.800. On the upside, a clean daily close above 3.100 would clear the path toward testing the 3.500 and 4.000 major resistance targets.