$PROMPT USDT BEARISH BREAKDOWN SETUP
Analysis:
$PROMPT USDT is in a strong bearish trend after breaking key support levels around 0.265–0.268. MACD shows bearish momentum, confirming further downside potential. Price rejection at minor resistance levels suggests continuation of the downtrend.
Entry (Short): On retest of 0.268–0.270 resistance zone.
Targets (TP):
TP1: 0.2575
TP2: 0.2520
TP3: 0.2480
Stop Loss (SL): 0.2740
Risk Management: Keep trade size moderate due to high volatility, consider scaling out at TP1, and adjust SL to break-even once TP2 is reached.