$PROM
Bullish Trade (Trend Continuation)
Entry: Enter near $7.70–$7.80 (near 7 MA or after a bullish confirmation candle).
Target: $8.60 (recent high) and $9.00 (psychological resistance).
Stop Loss: Below $7.50 (to minimize risk in case of trend reversal).
Pullback Trade
If the price retraces:
Buy Zone: $6.60–$7.00 (closer to 25 MA).
Target: $7.80–$8.00.
Stop Loss: Below $6.50.
Reversal (Bearish Setup)
Entry: Short below $7.50 if the price breaks below 7 MA with strong selling pressure.
Target: $6.60 (previous support).
Stop Loss: Above $7.80.