š» $PROM /USDT ā Sharp Rejection After Pump! Short Trade Active!
$PROM surged to $5.28 but faced heavy selling pressure, forming back-to-back red candles on the 30m chart. Price is now pulling back aggressively after hitting its local high.
š Short Trade Setup (Futures)
šÆ Entry Zone: $5.10 ā $5.14
ā TP1: $5.00
ā TP2: $4.90
ā TP3: $4.80
ā Stop Loss: $5.30
ā ļø Market Insight:
Rising volume on the sell-off + sharp reversal after an extended rally indicate short-term exhaustion. Expect potential continuation to the downside.
š” Pro Tip:
Use a trailing stop after TP1 if volatility remains high ā PROM moves fast!
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$PROM
PROMUSDT Perp
Current: $5.071 (+5.69%)
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