$PROM — SHORT LIQUIDATION ALERT
🔥 $4.8418K in short positions liquidated around $4.84185! Bears are getting squeezed, and this could create an opportunity for bullish continuation. But the bigger challenge is reclaiming the next resistance zone. Support: $4.40–$4.46. Resistance: $4.78–$5.34. 🎯 Upside targets: $5.00, $5.34 and $5.85. Downside targets: $4.46 and $4.40. Stop-loss: Below $4.38 for a long setup. Next move: A sustained breakout above $4.78 could open the door toward $5.34. Failure to hold $4.60 could invite another pullback. Eyes on the bulls!
🔥 $4.8418K in short positions liquidated around $4.84185! Bears are getting squeezed, and this could create an opportunity for bullish continuation. But the bigger challenge is reclaiming the next resistance zone. Support: $4.40–$4.46. Resistance: $4.78–$5.34. 🎯 Upside targets: $5.00, $5.34 and $5.85. Downside targets: $4.46 and $4.40. Stop-loss: Below $4.38 for a long setup. Next move: A sustained breakout above $4.78 could open the door toward $5.34. Failure to hold $4.60 could invite another pullback. Eyes on the bulls!