$PROM USDT BEARISH PRESSURE BUILDING AFTER FAILED RECOVERY ATTEMPT
$PROMUSDT attempted to reclaim the $8.10 zone but faced strong rejection, triggering a pullback. The 15M chart now shows lower highs forming after each recovery bounce, indicating sellers are still in control. If price fails to break above $8.00 decisively, further downside is likely in the short term.
Trade Setup (Short):
Entry Zone: 7.95 – 8.02
Take Profit 1: 7.82
Take Profit 2: 7.74
Take Profit 3: 7.62
Stop Loss: Above 8.12
Market Outlook:
Momentum is tilting bearish with increased selling pressure after every spike. A clean break below $7.80 could accelerate the drop toward intraday lows. Bulls need a strong close above $8.10 to regain control.
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