$PROM
Bearish Sentiment Strengthening After Rejection
After failing to hold the $8.10 level, $PROM faced renewed selling pressure and pulled back, forming lower highs on the 15M chart. Sellers remain in control, and unless price breaks above $8.00 with momentum, further downside remains likely.
Short Setup
Entry: 7.95 – 8.02
TP1: 7.82
TP2: 7.74
TP3: 7.62
SL: Above 8.12
Market View
Bearish momentum is building as each bounce is met with stronger selling. A drop below $7.80 could speed up the move toward lower intraday levels. Bulls need a solid close above $8.10 to regain the upper hand.