🚨 Technical Analysis for Stock $PROMPT - Potential Selling Opportunity
Stock $PROMPT has entered the resistance area of 0.1900 - 0.2100, which was previously a supply zone. On the four-hour chart, momentum indicators are leaning towards a decline, while the candles show rejection wicks near the top, indicating weak buying strength.
If Stock $PROMPT fails to hold above the 0.2100 level, we may witness a resurgence in bearish momentum towards key support levels.
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📉 Sell Setup
Entry Area: 0.1900 - 0.2100
TP1: 0.1750
TP2: 0.1600
TP3: 0.1450
Stop Loss: 0.2200
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💡 Note: A strong breakout and close above the 0.2200 level will invalidate this sell setup and may trigger an extended upward movement.
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