🔻 $PROM FACES HEAVY EXHAUSTION AT RESISTANCE PREPARING FOR RETRACEMENT! 📉
Entry: 6.530 - 6.544 🔻
Target: 6.420 / 6.300 / 6.200 📉
Stop Loss: 6.743 🛑
📊 Buyers ran straight into a heavy wall of supply, leaving a clear rejection tail that signals momentum exhaustion after the initial surge. Order flow indicates heavy ask absorption as profit-taking accelerates near local resistance.
💡 With lower timeframes rolling over, the path of least resistance points toward deeper liquidity pools below for a swift mean-reversion play. 💬 Are you taking the short side on this rejection or waiting to bid lower support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PROM #ShortSetup #Crypto #MarketAnalysis
📉 🐻
Entry: 6.530 - 6.544 🔻
Target: 6.420 / 6.300 / 6.200 📉
Stop Loss: 6.743 🛑
📊 Buyers ran straight into a heavy wall of supply, leaving a clear rejection tail that signals momentum exhaustion after the initial surge. Order flow indicates heavy ask absorption as profit-taking accelerates near local resistance.
💡 With lower timeframes rolling over, the path of least resistance points toward deeper liquidity pools below for a swift mean-reversion play. 💬 Are you taking the short side on this rejection or waiting to bid lower support? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PROM #ShortSetup #Crypto #MarketAnalysis
📉 🐻
