$PROM /USDT 4H Trade Setup

Market Insight:

$PROM is up +14.77%, trading near $9.16, very close to its 24h high of $9.165. Volume is moderate at 267K PROM tokens (2.29M USDT), showing decent interest. The 5 and 10 MA are close, with price currently between them, indicating some consolidation.

Entry Zone:

Look to enter long on a pullback to around $8.90 - $9.05 for better risk/reward, near the 5 MA support (~$8.92).

Targets:

Target 1: $9.17 (24h high resistance)

Target 2: $9.40 (next psychological resistance)

Target 3: $9.70 (recent swing high zone)

Stop Loss:

Set stop loss just below recent low/support at $8.60 to limit downside.

Key Levels:

Support: $8.60, $8.32, $8.02

Resistance: $9.17, $9.40, $9.70

Pivot: ~$9.10 (current consolidation zone)

Pro Tip:

Volume confirmation on pullbacks will help validate the entry. Avoid entering during quick spikes; wait for a calm retracement or consolidation near support.

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