$PROM Bullish Rally Testing Key Resistance! 🔥

$PROM is trading at 8.772, up +11.29% in the last 24H, after a strong rally from the 7.811 low to the 8.790 high. The price is now testing a key resistance level, indicating that buyers are pushing for a breakout, while momentum remains strong on the 1H chart.

Support and Resistance

• Resistance: 8.790 – 8.950

• Support: 8.620 – 8.500

Trade Setup

• Entry Zone: 8.620 – 8.750

• Stop Loss: 8.500

🎯 TP1: 8.790

🎯 TP2: 8.950

🎯 TP3: 9.150

Market Insights

$PROM has shown impressive recovery and bullish pressure, forming higher highs after a prolonged accumulation phase. If the price breaks and sustains above 8.790, it could trigger another leg up toward the 9+ zone, while holding above 8.620 keeps the bullish outlook intact.