$PROM /USDT (Prometheus) - Long Setup
Entry Zone
* Primary Entry: 4.45 – 4.70 (Wait for a healthy dip toward the EMA 7 line around 3.76–4.40 to avoid buying at peak resistance)
* Breakout Entry: Above 5.10 (On strong 4-hour candle close)
Targets (Take-Profit)
* TP 1: 5.05 (Near 24h High)
* TP 2: 5.50
* TP 3: 6.20
Stop-Loss
* SL: 3.95 (Below key support and current short-term moving average structure)
Technical Overview
* Trend: Strong bullish momentum (+27.23% daily gain, testing key high at 5.090).
* Indicators: RSI(6) is in extreme overbought territory (93.05), indicating a high probability of a short-term cooling-off/pullback before continuation. Manage risk strictly and avoid over-leveraging.
#XRPLeadsCryptoPullbackDropsNearly7% #BankOfKoreaHikesRatesTo3%
Entry Zone
* Primary Entry: 4.45 – 4.70 (Wait for a healthy dip toward the EMA 7 line around 3.76–4.40 to avoid buying at peak resistance)
* Breakout Entry: Above 5.10 (On strong 4-hour candle close)
Targets (Take-Profit)
* TP 1: 5.05 (Near 24h High)
* TP 2: 5.50
* TP 3: 6.20
Stop-Loss
* SL: 3.95 (Below key support and current short-term moving average structure)
Technical Overview
* Trend: Strong bullish momentum (+27.23% daily gain, testing key high at 5.090).
* Indicators: RSI(6) is in extreme overbought territory (93.05), indicating a high probability of a short-term cooling-off/pullback before continuation. Manage risk strictly and avoid over-leveraging.
#XRPLeadsCryptoPullbackDropsNearly7% #BankOfKoreaHikesRatesTo3%