$PROM /USDT.
Token: PROM/USDT
Current Price: ~$5.95
Daily Range:
High: $5.965
Low: $5.767
MA60 (1H?): $5.937
Trend: Slightly bullish above key moving averages
Quick Technical Outlook:
Price is currently hovering just above MA60 ($5.937), suggesting light bullish momentum.
Volume is low, which could mean either consolidation or a lack of buyer strength.
Daily high is close ($5.965), which makes it easier to test a breakout.
Trade Setup:
Bullish Bias (Breakout Play)
Entry: $5.96–$6.00 (break of 24h high with volume)
Target 1: $6.10
Target 2: $6.25
SL: $5.90 (tight, just below recent consolidation)
Range Play (Scalp Strategy)
Entry: $5.90–$5.93 (near MA60 + recent support)
Exit: $5.96 (resistance scalp)
SL: $5.87
Risk Management Notes:
PROM tends to have lower liquidity, so size accordingly.
Watch for breakout volume — if the push above $5.965 happens on weak volume, it’s likely a fakeout.
Consider higher timeframe confluence (4H or 1D) if you're swing trading.
Would you like a visual chart breakdown or to integrate this into a grid strategy too?
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