🚀 $PROM Surges with Massive Volume Spike — Bullish Reversal Underway? 📈
🔹 Current Price: $8.883
🔹 24h Change: +13.09%
🔹 24h High: $8.900
🔹 24h Volume: 275,172 — Strong inflow confirms aggressive buying interest.
📊 Technical Highlights:
✅ Price rebounded sharply from $7.615, reclaiming key EMAs.
✅ EMA(7) at $8.471 has crossed above EMA(25) at $8.510 — early bullish crossover forming.
✅ EMA(99) at $8.667 now being tested as resistance.
✅ RSI(6) at 74.99 shows strong momentum, approaching overbought territory.
🎯 Take Profit Targets:
- TP1: $9.12 ➜ +2.7%
- TP2: $9.45 ➜ +6.4%
- TP3: $9.78 ➜ +10.1%
🛡️ Stop-Loss Suggestion: $8.45 — Below EMA(25) and last consolidation zone to limit downside risk.
💡 Smart Reminder: Volume surges of this magnitude often precede extended rallies, but overbought RSI could trigger short-term pullbacks. Ideal setup for breakout traders with managed risk.
Is $PROM ready to push through the $9+ zone, or will bears defend this EMA(99) wall?
Drop your thoughts below 👇