#Signal🚥.
#prom — current price: $8.88
Support: $8.70
Resistance: $9.00
SHORT
TP1: $8.71
TP2: $8.44
TP3: $8.12
SL: $9.14
Justification:
PROM encountered resistance in the $9.00 zone, barely holding above it. Prices are pulling back, although a surge may stall. Technical pressure and the dominance of sellers create conditions for further correction, especially if the price breaks down below $8.70. Strategy — entry on Retest with volume as confirmation.
4. News about PROM
PROM is trading under pressure, retreating after an unsuccessful attempt to hold $9.00. The seller is in control, key resistance is here.
Bearish sentiment is increasing, consolidation is observed, and attempts to margin-sell are noted with declining volume.
A quick bounce above $9.00 was recorded, but it was followed by a sharp decline, increasing the likelihood of further downward movement.
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