$PROM experienced a sharp distribution collapse below MA60 ($6.685) but is holding strong baseline gains (+25.24% 24h). Price swept lower stops down to $6.240 before buyer absorption stepped in near local support. The aggressive selling impulse shows fading volume, leaving trapped late shorts vulnerable to a sharp short-squeeze retest back toward the dynamic mean baseline.
🎯 Trade Setup
Direction:
LONG
Entry Zone
$6.28 – $6.33
Take Profit 1
$6.55
Take Profit 2
$6.72
Take Profit 3
$7.05
Stop Loss
$6.12
Risk : Reward
1.90
Trade Type
Scalp
#prom
🎯 Trade Setup
Direction:
LONG
Entry Zone
$6.28 – $6.33
Take Profit 1
$6.55
Take Profit 2
$6.72
Take Profit 3
$7.05
Stop Loss
$6.12
Risk : Reward
1.90
Trade Type
Scalp
#prom
