$PROM /USDT TECHNICAL ANALYSIS — BULLISH MOMENTUM WITH STRONG SUPPORT

Current Price: 9.279 USDT

24h High: 9.294

24h Low: 8.478

Key Levels:

Support: 9.05 (EMA25) and 8.84 (EMA99)

Resistance: 9.29 (24h high) and 9.32 (recent highs)

EMA Levels:

EMA7: 9.181 (price above EMA7, bullish short-term)

EMA25: 9.050 (solid support)

EMA99: 8.841 (long-term support)

Technical Summary:

Price is comfortably above EMA7, EMA25, and EMA99, confirming bullish trend.

Volume is moderate with 198K PROM and 1.77M USDT traded, supporting steady activity.

Recent +9.05% price gain shows buying strength.

Momentum indicators (like MACD) likely in bullish territory given price action.

Trade Setup:

Long Entry: Near current price or on dip to 9.05-9.10 support zone

Stop Loss: Below 8.80 (below EMA99 for protection)

Take Profit Targets:

TP1: 9.35 (immediate resistance)

TP2: 9.50 (next resistance level)

Risk Management:

Risk 1-2% of capital per trade.

Use stop loss to limit downside risk.

Move stop loss to breakeven after hitting TP1.

Summary:

$PROM/USDT shows healthy bullish momentum with strong EMA support and moderate volume. A long position near support with disciplined risk management is recommended for potential upside continuation.

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