$PROM The price briefly dropped to $3.168, then slowly formed a higher low & higher high.

The last candle broke through MA(99) with a solid body → strong breakout signal.

There is no major resistance after $4.694 (high of 24 hours) → potential to continue to $4.80 – $5.00 if the breakout is valid.

📈 Support & Resistance$PROM

Nearest support: $4.420 (MA7), then $4.168 (MA25)

Resistance: $4.694 (high of 24 hours), next $5.00–$5.10 (psychological zone + previous structure)

🔥 Volume & Sentiment:

Volume surged in the last candle → confirming the strength of the breakout.

Technical sentiment turned positive after breaking MA99.

Historical volume data for 30–90 days is still red, so remain cautious of a bull trap if the breakout fails to hold.

⚙️ Scalping Strategy (1H)$PROM

1. Scalp Buy (follow breakout):

Entry: $4.55 – $4.60

SL: < $4.42

TP: $4.80 – $4.95

2. Scalp Buy (retest MA99):

Entry: $4.58 – $4.60 (if retrace backtest MA99)

SL: < $4.52

TP: $4.75 – $4.90

⚠️ Special Notes:

If the price is strongly rejected from $4.70+, a small double top could form → watch out for intraday reversal.

PROM movements are often extreme, so make sure your position size aligns with your risk management.