A 16.16% drop brings $PROM to $4.628 on $13.42M volume.
Recent hourly candles show a 0.52% dip to 4.602 with volume at half the 23-hour average. The wider 23-hour range sits between 4.407 and 5.669.
If momentum shifts back above the session midpoint, buyers could eye a push toward the upper range boundary near 5.669. Conversely, failing to hold the 4.407 low invalidates the short-term stabilization scenario.
Will a confirmed breakout past 5.669 outweigh the risk of dropping below 4.407?
Tap $PROM for the live chart. #PROM #BinanceSquare
Recent hourly candles show a 0.52% dip to 4.602 with volume at half the 23-hour average. The wider 23-hour range sits between 4.407 and 5.669.
If momentum shifts back above the session midpoint, buyers could eye a push toward the upper range boundary near 5.669. Conversely, failing to hold the 4.407 low invalidates the short-term stabilization scenario.
Will a confirmed breakout past 5.669 outweigh the risk of dropping below 4.407?
Tap $PROM for the live chart. #PROM #BinanceSquare