$PROM /USDT BEARISH ANALYSIS 📉
Current Price: $8.97
Key Levels:
Resistance Levels: $9.20 – $9.25
Support Levels: $8.90 – $8.83
Price has faced rejection near $9.20, showing weakness and forming a bearish bias as it struggles to sustain above psychological levels.
Trade Setup (Short Entry):
Entry: $8.95 – $9.00
Target 1 (TP1): $8.83
Target 2 (TP2): $8.70
Target 3 (TP3): $8.55
Stop Loss (SL): $9.25
⚖️ Risk Management:
Always risk only 1-2% of your capital per trade. Stick to your stop-loss and secure profits gradually at targets.
Discipline + Patience = Survival in trading!
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