$PROM The image you've shared appears to be a trading setup for the cryptocurrency pair
$PROM /USDT. Here's a breakdown of the key points:
*Trading Setup:*
- *Pair:*
$PROM /USDT
- *Entry Zone:* $7.13 - $7.26
- *Take-Profit Targets:*
- TP1: $6.90
- TP2: $6.75
- TP3: $6.58
- *Stop Loss (SL):* Above $7.39
*Current Market Data:*
- *Current Price:* $7.00
- *24h Change:* -3.97%
- *24h Range:* $6.908 - $7.369
- *Volume:* 166.8K PROM | $1.19M USDT
*Analysis:*
The setup suggests a short position, indicating an expectation that the price of
$PROM /USDT will decrease. The entry zone is between $7.13 and $7.26, with three take-profit targets set at $6.90, $6.75, and $6.58. The stop loss is set above $7.39 to limit potential losses.
The current market data shows a failed attempt to hold above $7.26, signaling fading bullish strength. The lower highs and bearish wicks suggest a breakdown is likely, making this a potential short opportunity.
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