$PROM USDT – BULLS ATTEMPTING A STRONG REVERSAL FROM DEMAND ZONE
After a sharp sell-off that pushed price to the $7.61 low, $PROMUSDT has found strong buying interest at the highlighted demand zone. The price has since formed a short-term base and is showing signs of bullish momentum, suggesting a possible recovery towards higher resistance levels if buying pressure sustains.
Trade Setup (Long):
Entry Zone: $7.93 – $7.95
Take Profit 1: $8.20
Take Profit 2: $8.55
Take Profit 3: $8.95
Stop Loss: $7.66
Market Outlook:
If the current demand zone holds, momentum could shift in favor of bulls, targeting the $8.50–$9.00 zone. However, a break below $7.66 would invalidate the bullish setup and reopen downside risks.
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