🔥 $PROM / USDT: 1H Parabolic Expansion & Buy-Side Liquidity Sweep Above $4.80
The 1-Hour (1H) chart for $PROM /USDT displays a vertical impulse phase. Price staged an aggressive breakout from its $3.50–$3.80 consolidation zone, sweeping upper resistance to print a local high of $4.898 before stabilizing near $4.816.
📊 Market Bias: Strongly Bullish (Momentum Expansion Phase)
Trend Analysis: On the 1H timeframe, PROM is in a parabolic market structure. Price is trading heavily above all key moving averages, including the MA(7) ($4.047), MA(25) ($3.808), MA(99) ($2.965), Supertrend(10,3) baseline ($3.862), and Bollinger Upper Band ($4.448). While extended above dynamic baselines, holding above $4.40 confirms buyer control.
🎯 Trade Setup: LONG (On Demand Block Retest)
Action: LONG on a shallow pullback into the 1H upper Fair Value Gap (FVG) / Demand Zone.
Entry Zone: $4.200 – $4.450 (Confluence with upper FVG boundary and dynamic breakout support)
Stop Loss (SL): $3.800 (Positioned below MA(7), MA(25), and Supertrend level at $3.862)
Take Profit 1 (TP1): $4.898 (Local Swing High / Immediate Buy-Side Liquidity Pool)
Take Profit 2 (TP2): $5.250 (1.618 Fibonacci Expansion Target)
Take Profit 3 (TP3): $5.800 (Macro Expansion Target)
Risk:Reward (R:R): ~1:2.6 (to TP2)
Trade Invalidation: A 1H candle close below $3.800 invalidates the immediate parabolic continuation path.
#prom #promusdt #PromToken #PROMCoin #prom
The 1-Hour (1H) chart for $PROM /USDT displays a vertical impulse phase. Price staged an aggressive breakout from its $3.50–$3.80 consolidation zone, sweeping upper resistance to print a local high of $4.898 before stabilizing near $4.816.
📊 Market Bias: Strongly Bullish (Momentum Expansion Phase)
Trend Analysis: On the 1H timeframe, PROM is in a parabolic market structure. Price is trading heavily above all key moving averages, including the MA(7) ($4.047), MA(25) ($3.808), MA(99) ($2.965), Supertrend(10,3) baseline ($3.862), and Bollinger Upper Band ($4.448). While extended above dynamic baselines, holding above $4.40 confirms buyer control.
🎯 Trade Setup: LONG (On Demand Block Retest)
Action: LONG on a shallow pullback into the 1H upper Fair Value Gap (FVG) / Demand Zone.
Entry Zone: $4.200 – $4.450 (Confluence with upper FVG boundary and dynamic breakout support)
Stop Loss (SL): $3.800 (Positioned below MA(7), MA(25), and Supertrend level at $3.862)
Take Profit 1 (TP1): $4.898 (Local Swing High / Immediate Buy-Side Liquidity Pool)
Take Profit 2 (TP2): $5.250 (1.618 Fibonacci Expansion Target)
Take Profit 3 (TP3): $5.800 (Macro Expansion Target)
Risk:Reward (R:R): ~1:2.6 (to TP2)
Trade Invalidation: A 1H candle close below $3.800 invalidates the immediate parabolic continuation path.
#prom #promusdt #PromToken #PROMCoin #prom
