Here is your professional, structured technical analysis post for the given PROM/USDT chart:
$PROM USDT BULLISH SURGE BREAKOUT ā NEXT TARGETS IN SIGHT!
PROM has shown a strong bullish breakout from 4.810, reaching a high of 5.283 before a minor pullback. Current price action at 5.183 indicates healthy consolidation above key supports, suggesting bulls are preparing for another leg up if momentum sustains.
š° Trade Setup (Long):
Entry Zone: 5.170 ā 5.190
Take Profits (TP):
TP1: 5.250
TP2: 5.283
TP3: 5.350 (extended target if breakout continues)
Stop Loss (SL): 5.099
š Short Market Outlook:
MACD shows strong bullish histogram momentum, while RSI is at 50.27, indicating the market is balanced and has room for further upside without being overbought. If buyers maintain price above 5.170, the bullish trend is expected to continue towards higher resistance levels.
š” Risk Management:
Use 1-2% capital per trade. Adjust stop loss dynamically if price moves in profit direction to protect gains.
#PROM #CryptoTrading #BullishBreakout #BinanceSignals
buy and trade here on $PROM
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