🚨 $PROM SHORT SETUP — SUPPLY IS GETTING TESTED
$PROM is sitting at 5.225 after pushing into a key resistance area.
This is where I’m watching for the rejection. 👀
Trade Plan:
🔴 Entry: 5.225 – 5.300
🎯 TP1: 5.076
🎯 TP2: 4.983
🎯 TP3: 4.820
🛑 SL: 5.397
Why this setup?
• Price is trading above the MA(7) at 5.024 and MA(25) at 5.076, making the current zone a key decision area.
• 5.397 is the visible 24H high — clean invalidation for the short thesis.
• Below, 4.983 → 4.820 opens the path toward the lower part of the range.
• 24H volume is already sitting around 66.76M USDT, so this is not a dead market.
The setup is simple:
Reject the supply → lose 5.07 → sellers can start hunting 4.98 and 4.82.
I’m not chasing the candle.
I’m waiting for confirmation and letting the level do the work. 🎯
#PROM #Altcoins #TradingSetup #Bilverse
$PROM is sitting at 5.225 after pushing into a key resistance area.
This is where I’m watching for the rejection. 👀
Trade Plan:
🔴 Entry: 5.225 – 5.300
🎯 TP1: 5.076
🎯 TP2: 4.983
🎯 TP3: 4.820
🛑 SL: 5.397
Why this setup?
• Price is trading above the MA(7) at 5.024 and MA(25) at 5.076, making the current zone a key decision area.
• 5.397 is the visible 24H high — clean invalidation for the short thesis.
• Below, 4.983 → 4.820 opens the path toward the lower part of the range.
• 24H volume is already sitting around 66.76M USDT, so this is not a dead market.
The setup is simple:
Reject the supply → lose 5.07 → sellers can start hunting 4.98 and 4.82.
I’m not chasing the candle.
I’m waiting for confirmation and letting the level do the work. 🎯
#PROM #Altcoins #TradingSetup #Bilverse
