If you're still fading $PROM after it smashed $5.21, stop now.
The pain of sitting out a volume-backed reclaim like this is brutal. You either chase higher or watch an early exit turn into a missed runner.
$PROM took back $4.85, $4.95 and $5.10 before breaking $5.21 as volume exploded and buyers stepped in. Open interest rose with price, which is the confirmation most people ignore until it is too late.
Bears will call it a trap while $BTC chops around, saying the whole move is overextended. I see the opposite. This is no longer a bounce. $PROM has flipped and the next leg looks capable of going much further, the same way $ETH did once the structure actually changed.
Anyone else seeing a real flip here or do you think it fades?
#PROM #Altcoins #Trading
The pain of sitting out a volume-backed reclaim like this is brutal. You either chase higher or watch an early exit turn into a missed runner.
$PROM took back $4.85, $4.95 and $5.10 before breaking $5.21 as volume exploded and buyers stepped in. Open interest rose with price, which is the confirmation most people ignore until it is too late.
Bears will call it a trap while $BTC chops around, saying the whole move is overextended. I see the opposite. This is no longer a bounce. $PROM has flipped and the next leg looks capable of going much further, the same way $ETH did once the structure actually changed.
Anyone else seeing a real flip here or do you think it fades?
#PROM #Altcoins #Trading
