$PROM /USDT Market Overview
Current Price: $7.678 (+4.91%)
24H High: $7.700
24H Low: $7.278
24H Volume (PROM): 133,195
24H Volume (USDT): $989,162
Technical Insights
PROM is currently trading near the 24H high of $7.700, showing a steady upward movement within the day. The price has bounced from a strong support zone around $7.27 and is now testing immediate resistance between $7.70 ā $7.75.
Key Levels
Immediate Resistance: $7.75 ā $7.85
Support Levels: $7.60 and $7.27
Breakout Point: Above $7.85 for a potential rally towards $8.00+
Momentum
Buyers are gradually taking control but the volume remains moderate. A breakout above $7.75 with increased volume can open doors for further upside. Otherwise, rejection here could lead to a retest of the $7.60 support.
Conclusion
Bullish Bias if price sustains above $7.75.
Neutral to Bearish if price fails to break resistance and volume declines.
Strategy: Monitor for breakout or signs of rejection to decide on a Long or Short position.