đ $PROM USDT Trade Setup â Short Entry Alert! đ
Entry Price:Â 7.122Â (Current Market Price)
Stop Loss (SL):Â 7.400Â (Above Resistance)
Take Profit (TP):Â 6.500Â (Key Support Zone)
đ Trade Rationale:
Bearish Momentum: Price is struggling to break higher, with resistance holding near 7.400-7.600.
Weak Volume:Â Low trading volume suggests lack of bullish strength.
Support Breakdown Risk: If 7.000 breaks, a drop toward 6.500 is likely.
đŻ Trade Plan:
Entry: Short at 7.122 (or retest of 7.200-7.300 for better risk-reward).
Stop Loss:Â 7.400Â (To avoid fake breakouts).
Take Profit:Â 6.500Â (Near strong historical support).
Risk-Reward Ratio:Â 1:2+Â (Favorable setup).
â ď¸ Important Notes:
Monitor BTC & USDT pairs for market-wide trends.
Adjust SL if price drops below 7.000 (move to breakeven).
Avoid over-leverage; trade responsibly.
đ´ Not Financial Advice â Always Do Your Own Research (DYOR)!
#Crypto #Trading #PROMUSDT #ShortTrade