$PROM USDT in a professional Binance Square style
$PROMUSDT BEARISH REVERSAL – SHORT SETUP TRIGGERED! 🔻
PROM/USDT is currently trading at $7.232, up +3.95% today, but the chart shows a clear rejection from the local high of $7.343. After an initial bullish recovery, price is forming lower highs on the 15m chart, indicating selling pressure building up for a potential downside move.
🔻 TRADE SETUP (SHORT):
Entry: $7.23 – $7.28
Targets:
TP1: $7.10
TP2: $6.95
TP3: $6.80
Stop Loss: $7.36
📊 Market Outlook:
The market momentum is shifting towards bearish with weak follow-up candles after each bounce. If PROM fails to reclaim above $7.30, further downside is expected intraday as sellers remain active near resistance zones.
⚠️ Risk Management:
Use a strict SL to protect against quick reversals and keep trade risk under 2% of your portfolio per setup for disciplined execution.
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buy and here trade on $PROM