$PROM

Pair: PROM/USDT

Direction: Short

Current Price: 5.40 USDT

Entry Zone: 5.52 – 5.57 (near resistance)

Take Profit 1: 5.30 (mid-range support)

Take Profit 2: 5.10 (below recent pivot)

Stop Loss: 5.65 (above daily high/resistance)

Leverage: 5× – 10× (max 15× if experienced)

Risk/Reward:

TP1: 4% gain vs 2.4% risk (1.7:1)

TP2: 8% gain vs 2.4% risk (3.3:1)

Reasoning:

Selling bias across multiple exchanges binance.com

Technicals: daily & weekly sell

Tips:

Move SL to break-even after TP1

Watch for volume confirmation on breakdown

Monitor funding if held overnight

Conclusion: Short setup is preferred over long, given bearish technicals and current price action.