Everyone's glued to the BTC rally while $PRL just sliced through the $0.058 ceiling on the 4H, and I’m coiled for the next wave. I was flat on PRL last week, but the 15m magnet is pulling price back up and I think it’s time to jump in.
$PRL - LONG
Entry: 0.560 – 0.565
SL: 0.545
TP1: 0.585
TP2: 0.605
TP3: 0.630
Why this setup?
- 4H RSI spiked to 68, still below overbought, showing bullish momentum.
- 50‑day MA turned green and is now acting as support; price held above it on three consecutive 15m candles.
- ATR (1D) at 0.012 gives a tight risk‑reward; SL is just one ATR below entry.
- Volume surge (+45% vs avg) on the breakout confirms a genuine squeeze.
Debate: Are you fading the breakout and shorting the pull‑back, or riding the upside to the next resistance?
$PRL
$PRL - LONG
Entry: 0.560 – 0.565
SL: 0.545
TP1: 0.585
TP2: 0.605
TP3: 0.630
Why this setup?
- 4H RSI spiked to 68, still below overbought, showing bullish momentum.
- 50‑day MA turned green and is now acting as support; price held above it on three consecutive 15m candles.
- ATR (1D) at 0.012 gives a tight risk‑reward; SL is just one ATR below entry.
- Volume surge (+45% vs avg) on the breakout confirms a genuine squeeze.
Debate: Are you fading the breakout and shorting the pull‑back, or riding the upside to the next resistance?
$PRL
