🚨 Bullish reversal for crypto
$PROM : ready to fill the fair value gap (FVG)! 👀
🎯 Entry zone (buy):
📍 $0.980 — $1.050
Current price ($1.043) is holding above a strong institutional support zone, with clear signs of a buying momentum return.
🚀 Take profit targets:
🎯 TP1: $1.306 (first major structural resistance)
🎯 TP2: $1.455 (second expansion target within the red zone)
🎯 TP3: $1.602 (final target at the upper limit of the FVG area)
🛑 Scenario cancellation:
Daily close below $0.920
Breaking the local bottom at $0.932 completely cancels this bullish scenario.
📊 Technical analysis:
On the daily timeframe (1D),
$PROM has completed a long correction phase that fully exhausted the sellers before finding strong support at the historical structural bottom. The price is currently moving above a clear accumulation base with a notable decrease in selling pressure.
👀 What am I watching for?
• Staying above $1.000.
• Continued bullish momentum on the indicators.
• Increased buying volumes upon breaking TP1.
👇 Are you ready for a bullish wave of
$PROM towards the FVG targets or will you wait for late confirmation? 👀
#prom