$PROM /USDT – 4H Trade Setup
Market Insight:
$PROM surged over +15%, breaking above multiple moving averages. With a strong bullish candle and increasing volume, momentum is clearly favoring the bulls in the short term.
Entry Zone:
🔹 $8.40 – $8.75
Ideal buy range on a small pullback to retest breakout support near MA(7) and MA(25).
Targets:
🎯 Target 1: $9.30 (recent high)
🎯 Target 2: $9.80 (psychological & extension level)
🎯 Target 3: $10.55 (Fibonacci projection)
Stop Loss:
🔻 $8.12 (below local structure & MA cluster)
Key Levels:
Support: $8.12 / $7.70 / $7.27
Resistance: $9.30 / $9.80 / $10.55
Pivot Zone: $8.73 (current price near MA(7))
Pro Tip:
If PROM holds above $8.70 for the next 4H candle with rising volume, breakout continuation toward $9.80+ is likely. Consider scaling in on dips and trailing your stop once above $9.30.
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