$PROM is showing a steady bullish continuation after bouncing strongly from the 1.24 – 1.26 demand area. Price pushed impulsively above 1.35 and is now holding firmly around the 1.44 level, indicating sustained buyer interest and breakout strength.

PROM has formed higher lows on the 1H timeframe following the corrective dip, confirming short-term accumulation before the recent expansion move. The structure shows a clean reclaim of previous resistance near 1.38 – 1.40, which is now acting as support. As long as price holds above the 1.35 – 1.38 support zone, the bullish bias remains intact.

The current structure favors continuation toward range highs rather than a deeper retracement.

For spot traders, this is a breakout-and-hold structure.

I am bullish on PROM in spot and expecting further upside.

Targets:

TP1: 1.50

TP2: 1.60

TP3: 1.75+

PROM
PROMUSDT
1.376
-6.13%