$PROM /USDT – BEARISH PRESSURE AFTER FAILED BOUNCE

PROM/USDT attempted recovery but failed to hold above $10.31, slipping back to $9.75 after a sharp rejection. The chart shows a clear downtrend from the $12.35 high, with repeated lower highs confirming bearish control. Current support sits at $9.30, and a breakdown below this level could open the way toward $8.90–$9.00. Momentum remains weak, and sellers are still in control despite small relief rallies.

Trade Setup (Short Bias):

Entry: $9.75 – $9.85

Target (TP): $9.30

Stop Loss (SL): $10.32

If bulls manage to reclaim $10.30 resistance, a reversal could begin, but until then, rallies look more like shorting opportunities.

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