š„ $PROM USDT Rejected at Resistance ā Bearish Outlook Ahead š»
$PROM is struggling to break above the $4.58 resistance zone after a steep drop from the $5.00+ level. The price has formed a consolidation range just under resistance, indicating weakness and potential for further decline.
š Short Trade Setup (Bearish Idea):
ā¢ Entry Zone: $4.12 ā $4.14
ā¢ Take Profit 1: $3.38
ā¢ Take Profit 2: $3.10
ā¢ Stop Loss: $4.58
A break below the current sideways structure could accelerate the bearish momentum toward lower demand zones.
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