$PROM /USDT BEARISH ANALYSIS – POTENTIAL BREAKDOWN LOOMING BELOW SUPPORT ZONE

Current Price: $9.03

24h Change: +0.31%

24h High/Low: $9.44 / $8.79

Volume (PROM): 183,989

Volume (USDT): 1.68M

KEY LEVELS

Resistance Levels:

R1: $9.20 – Minor resistance

R2: $9.44 – Daily high & major resistance

R3: $9.80 – Previous high and breakout rejection zone

Support Levels:

S1: $9.00 – Immediate support, current structure being tested

S2: $8.79 – 24h low, next likely test if breakdown continues

S3: $8.50 – Stronger support from previous consolidation zone

MARKET STRUCTURE

PROM/USDT is showing weakness around the $9.00 zone. Despite minor recovery attempts, bulls are failing to reclaim key resistances. If price closes below $9.00 with increasing volume, it could signal a breakdown toward lower supports.

TRADE SETUP (SHORT)

Entry: $9.00–$9.05 (if price loses $9.00 support convincingly)

Stop Loss (SL): $9.45 – above recent resistance wick

Take Profit (TP):

TP1: $8.79

TP2: $8.50

TP3: $8.00 (if market sentiment turns risk-off)

> Risk/Reward: Balanced short setup with good downside potential if bearish continuation plays out.

SUMMARY

PROM is at a make-or-break zone. A clear close below $9.00 opens the way for further downside, especially with low NFT sector momentum lately. Bearish momentum will strengthen if $8.79 gets breached. Watch price action closely on the 4H and 1H charts for confirmation.

Let me know if you want a bullish reversal setup or want to compare it across timeframes.

#BNBATH #BinanceHODLerTree #EthereumTurns10 #Write2Earrn #DELABSBinanceTGE $PROM