$PROM /USDT – Spot Trade Setup: Strong Bounce in Play!
PROM just surged after holding the $8.41 support zone, showing bullish momentum on the 1H chart. Price is now pressing against the $8.88 zone, close to the day’s high.
Current Price: $8.88 (+3.85%)
24H Range: $8.412 – $8.882
24H Vol: 92,852 PROM
Key Support: $8.41 (recent low and bounce point).
Immediate Resistance: $8.88 – $9.00 (watch for breakout).
Next Resistance Above: $9.03 – $9.10 (short-term target if breakout succeeds).
Trend: Short-term bullish momentum after consolidation.
Spot Trade Plan
Entry Zone: $8.78 – $8.88 (current area, or wait for breakout confirmation).
Targets:
🎯 TP1: $8.94
🎯 TP2: $9.03
🎯 TP3: $9.10+ (extension if momentum holds)
Stop Loss: $8.63 (below last higher low).
Risk Management
Use 2–3% capital risk per trade.
Lock in partial profits at each target.
If price falls below $8.63 → exit and reassess.
