$PROM โ โฌ๏ธ๐๐โ ๐
Signal Time: 2025-08-07 19:08 UTC+6
Pair Name: $PROM USDT
Current Price: 7.7370 USDT
RSI-6 (4H): 11.17 (Oversold, indicating potential reversal)
RSI-14 (4H): 27.93 (Oversold, confirming strong buying opportunity)
200-day SMA: 6.1460 USDT (25.89% above, showing bullish trend)
ADX-14: 38.02 (Strong trend strength)
RSI Daily Trend: Yes (Due to consistent higher RSI values indicating bullish momentum)
Demand Zone (Support): 7.5769 - 7.6531 USDT (Proven by multiple swing lows and pivot point confirmation)
4H Swing High: 9.4400 USDT
Daily Swing High: 9.7800 USDT
Targets:
First Target (4H Swing High): 9.4400 USDT (22.01%)
Second Target (Daily Swing High): 9.7800 USDT (26.41%)
Stoploss: Manage according to your risk management. Personal preference DCA strategy over SL.
Trade Setup: ๐ This is a golden opportunity for a long trade on PROMUSDT! The 4H timeframe shows a textbook oversold condition with RSI-6 at 11.17 and RSI-14 at 27.93, screaming for a potential bounce. The price is sitting at a rock-solid demand zone (7.5769 - 7.6531 USDT), battle-tested by multiple swing lows and confirmed by pivot point analysisโperfect for a low-risk entry. The daily chart is screaming bullish, with the price 25.89% above the 200-day SMA (6.1460 USDT), and an ADX-14 of 38.02 confirms a powerful trend. The RSI daily trend (Yes) seals the deal with due to consistent higher rsi values indicating bullish momentum. Enter near the demand zone, aim for the 4H swing high (9.4400 USDT) and daily swing high (9.7800 USDT), and ride this setup to profits. Donโt sleep on thisโfollow my pinned post for pro-level insights to crush this trade! ๐๐
Risk Management: โ ๏ธ Trade like a pro and Set your stoploss based on your personal risk tolerance, preferably below the demand zone. Aim for a 1:2+ risk-reward ratio, and lock in gains by taking partial profits at the first target. My pinned post has exclusive risk management and DCA strategies that will transform your trading gameโfollow it now to join the winnersโ circle! ๐๐ช #TradeSmart