$PROM PROM/USDT — “THE CROWN TOUCHES 9.75!” | MOMENTUM VS. REJECTION BATTLE ⚔️
PROM has just staged a 14% leap in the last session, testing $9.75 before pulling slightly back to the $9.68 zone. The market is now in the middle of a royal momentum surge — but this is where kings are either crowned or dethroned. 👑
Key Technical Signals:
EMA Trio Alignment (7, 25, 99): Bullish crossover confirms short-term buying pressure.
RSI (91+) is screaming overbought — a potential cooldown is lurking.
MACD Positive Cross: Green momentum still in play, but starting to show signs of slowing.
OBV Uptrend: Volume confirms demand, but the spike could invite profit-taking.
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Trading Strategy:
📈 For Momentum Riders:
Enter on $9.65–$9.68 retests if volume remains strong.
Target $9.90–$10.20 with tight trailing stops.
📉 For Rejection Hunters:
Watch for $9.75–$9.85 rejection candles + RSI divergence.
Short with confirmation toward $9.40–$9.20.
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⚠️ Risk Note:
Overbought doesn’t always mean “instant drop,” but chasing without a plan is the fast track to giving back gains. Respect your stop losses — the market rewards discipline, not greed.
🎯 Final Take:
We are at the knife-edge zone where breakout continuation meets rejection potential. Whether you’re riding the wave or waiting to fade it, patience will decide the victor.
