$PROM – Trend Reversal Confirmed
#PROM Just delivered a V-shaped recovery after bottoming at $3.16, and now it's running hot across 1Hr, 4Hr, and 1Day charts.
1Hr Chart Analysis
📈 Price exploded from the base and crossed all major MAs (MA99, MA200) with strong volume.
🟡 MA7 ($6.21) and 🟣 MA25 ($5.84) are sharply angled upward — strong bullish momentum.
4Hr Chart Analysis
🔁 Price reclaiming pre-dump structure.
🟠 MA7 ($5.92) > 🟣 MA25 ($5.22) > MA200 — all moving averages in perfect bullish alignment.
KEY LEVELS 🔑
Resistance: $6.54 (tested), $6.90 next, then $7.56.
Support: $5.92 (MA7 on 4H), $5.22 (MA25).
If price holds above $6.00, next leg toward $7+ highly probable.
Conclusion : This is a classic breakout backed by momentum and structure. As long as price holds above $5.80–$6.00, dips are buyable .