$PROM /USDT – Bearish Breakdown Watch! 🚨
Current Price: $5.468 (-2.11%)
The chart shows a clean rejection near $5.63 followed by consistent lower highs and lower lows on the 15m chart.
Key Levels:
Resistance: $5.60 / $5.63
Support: $5.42 / $5.28
Short Trade Setup – Trend Reversal in Play:
Entry Zone: $5.48 – $5.52
🎯 TP1: $5.42
🎯 TP2: $5.28
🎯 TP3: $5.10
🛑 Stop Loss: $5.64
Market Insight:
PROM has failed to reclaim the $5.60 resistance and is seeing increasing selling volume on each bounce. This opens a clear opportunity for downside continuation scalps.
Pro Tip:
Watch for retest rejections near $5.50–$5.52 for ideal short entries. Don't chase; wait for confirmations!
Momentum is fading—let’s ride the dip while others hold the bag!
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