$PROM BEARISH PRESSURE BUILDING – WATCH FOR A BREAKDOWN! ⚠️📉
📍 Current Price: $5.29 (-0.26%)
🔺 24h High: $5.333
🔻 24h Low: $5.264
📊 Volume: 176K PROM | $931.7K USDT
📉 Technical Insight:
PROM is trading flat with weak momentum and repeatedly rejecting near the $5.33 mark. The price is hugging the lower range of its intraday channel, signaling a possible bearish move below support.
🔹 Support Levels:
🟢 $5.26 – Local support
🟢 $5.20 – Key breakdown zone
🔸 Resistance Levels:
🔴 $5.33 – Short-term resis
tance
🔴 $5.38 – Bullish invalidation level
🔻 Short Trade Setup:
Entry: $5.28 – $5.29
🎯 Targets:
✅ TP1: $5.22
✅ TP2: $5.16
✅ TP3: $5.08
🛑 Stop Loss: $5.34
⚠️ Risk Management:
🔸 Risk 1–2% of capital per trade
🔸 Stick to SL to protect from reversal
🔸 Scale out profits at key levels
🚨 PROM losing strength — bears may take charge below $5.26! 🐻💣
#USNationalDebt #MarketPullback #SwingTradingStrategy #CryptoStocks #GENIUSActPass