Market Overview:

As the hype around non-fungible tokens (NFTs) fades, the price of $PROM is losing momentum. Unless the optimists reclaim the local peak, expect continued selling as traders exit and shift to stronger setups.

$PROM : Collapse in the sell position setup from the supply zone, active bearish shift

The price of $PROM has sharply declined from the resistance area at $9.30 after a strong rally. It has now broken the local support level, forming lower highs, indicating a trend reversal. Selling pressure is increasing as short-term momentum shifts downward.

📌 Entry Sell Position: $8.90 - $9.00

🎯 Target: $8.21

🛡️ Stop Loss: $9.324

Risk: 2-3% of the portfolio

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