$PROM TP1 Achieved Successfully 🦅

$PROM is showing signs of bullish continuation after a solid bounce from intraday lows. Key levels are aligning for a potential breakout above resistance.

Entry Strategy

Optimal Entry: 8.900 – 8.950
(Retest of 24h low with bullish confirmation)

Aggressive Entry: Above 9.000
(Breakout of psychological resistance with momentum)

Take-Profit Targets

TP1: 9.200 – 24h high retest

TP2: 9.500 – Next major resistance zone

TP3: 10.000 – Strong psychological level; ideal for partial or full profit-taking

Stop-Loss Placement

Conservative SL: 8.800 – Below 24h low

Tighter SL: 8.850 – Below recent swing structure (for tighter setups)

Technical Confirmations

Sustained price action above 9.000

Volume breakout on green candles

RSI (4H) > 50, trending upward without overbought signals

Risk-Reward Framework

Minimum R:R: 1:2, favorable up to 1:4 depending on entry and exit zones

Ideal position size: 1–2% of portfolio

Note: Only enter on confirmation with controlled risk. Avoid chasing if volume weakens or price rejects $9.00 on retest.

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