$PROMPT Trading Plan
✅ Long Position:
Avoid buying at top; wait for retracement to $0.30 - $0.32 zone.
Stop Loss: Below $0.29 for safety.
Target (if re-entry after pullback): $0.36, then $0.40 if breakout continues.
✅ Short Position:
RSI overbought → High chance of reversal soon.
Entry only after bearish candle confirmation.
Target: $0.28 - $0.26.
Stop Loss: Above $0.365.
✅ Price & Trend
Current Price: $0.3440
24h Change: +100.58% (huge bullish move)
24h High: $0.3615 | 24h Low: $0.1615
Trend: Strong bullish parabolic breakout after long consolidation.
✅ Support & Resistance
Immediate Resistance: $0.3615 (24h high)
Next Resistance: $0.3741 (historical level)
Immediate Support: $0.3187 (recent breakout zone)
Major Support: $0.2079 (previous base level)
✅ Indicators
RSI (6): 95 → Extremely overbought, likely pullback soon.
Moving Averages:
MA(5) is sharply up → Confirms strong short-term bullish momentum.
MA(10) lagging but turning upward → Trend strength confirmed.
✅ Volume
Massive spike in trading volume (1.25B) → indicates huge buying interest and FOMO-driven rally.
✅ Market Sentiment
Momentum is extremely bullish, likely caused by hype or news events.
Parabolic surge is unsustainable; after such moves, corrections or consolidation are common.