LONG IDEA $PROM /USDT
Entry Zone: $5.45 – $5.55
T1: $5.70
T2: $5.90
T3: $6.15
Stop Loss: $5.35
Chart Read:
Price is consolidating above a recent swing support after a strong upward impulsive move on the 4-hour chart. The market is testing a minor local pullback zone while keeping higher lows intact. Momentum is stabilizing as buyers attempt to build a base for a potential continuation toward previous highs.
Key Watch
Watch for a clean rejection wick or volume pick-up around the $5.45 support level to confirm strength.
Entry Zone: $5.45 – $5.55
T1: $5.70
T2: $5.90
T3: $6.15
Stop Loss: $5.35
Chart Read:
Price is consolidating above a recent swing support after a strong upward impulsive move on the 4-hour chart. The market is testing a minor local pullback zone while keeping higher lows intact. Momentum is stabilizing as buyers attempt to build a base for a potential continuation toward previous highs.
Key Watch
Watch for a clean rejection wick or volume pick-up around the $5.45 support level to confirm strength.