🟥 $PROM USDT Rejected at Resistance – Bearish Outlook Ahead 🔻
$PROM is struggling to break above the $4.58 resistance zone after a steep drop from the $5.00+ level. The price has formed a consolidation range just under resistance, indicating weakness and potential for further decline.
📉 Short Trade Setup (Bearish Idea):
• Entry Zone: $4.12 – $4.14
• Take Profit 1: $3.38
• Take Profit 2: $3.10
• Stop Loss: $4.58
A break below the current sideways structure could accelerate the bearish momentum toward lower demand zones.
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