$PROM
/USDT Technical Analysis
$PROM is trading at $9.285, showing a solid +2.80% move in the last session. The recent surge pushed price as high as $9.535 before cooling down, but importantly, it stayed well above the daily low of $8.889, showing strong buying support at lower levels.
The short-term moving averages are aligned bullishly: MA(7) at 9.284 and MA(25) at 9.097 are both above the MA(99) at 9.041, indicating momentum is with the bulls. Price is currently holding near the short-term average, suggesting consolidation before the next move. If buyers step in again, a break above $9.50–$9.55 could open room toward $9.80–$10.00, a key psychological resistance zone.
On the downside, $9.10 and $9.00 are immediate support levels. If those fail, the structure could weaken and revisit the $8.88 low. For now, the setup favors bullish continuation as long as price stays above $9.00. Short-term traders may find opportunities in momentum plays toward $10, while cautious traders should watch if consolidation breaks upward.
