$PROM /USDT Trade Plan
*Market Analysis:*
The current price of PROM/USDT is 6.171 USDT, with a volume of 170,053.81. The timeframe for this analysis is 1 day.
*Indicator Analysis:*
- *RSI:* (Overbought) - The RSI is in the overbought zone, indicating that the market is potentially due for a correction.
- *MACD:* (Bullish) - The MACD is showing a bullish signal, indicating that the market is in an uptrend.
*Trade Analysis:*
- *Market Trend:* Bullish
- *Resistance Level:* 7.0000-7.5000 USDT
- *Support Level:* 5.5000-6.0000 USDT
*Trade Plan:*
- *Buy Zone:* 5.8000-6.2000 USDT
- *Entry Zone:* 6.0000-6.0500 USDT
- *Target:* 7.0000 USDT
- *Stop Loss:* 5.2000 USDT
- *Limit:* 7.5000 USDT
*Risk Management:*
- *Position Sizing:* 100 USDT (Minimum investment)
- *Leverage:* 1x (No leverage for new traders)
- *Order Type:* Limit Order
*Prediction:*
Based on the indicators, the trend is bullish. However, the RSI is in the overbought zone, indicating a potential correction. We can expect the price to move sideways or slightly downwards before continuing its upward movement.
*Step-by-Step Instructions for New Traders:*
1. Log in to your exchange account (e.g., Binance, ).
2. Click here $PROM or click on the chart to start trade
3. Click buy and set a Limit Order to buy PROM at 6.0000-6.0500 USDT (within the buy zone)
.
4. Set a Stop Loss at 5.2000 USDT.
5. Set a Take Profit at 7.0000 USDT.
6. Confirm your order.
I would highly encourage you to start your trade(buy/sell PROM ) from my post, simply hitting here. → $PROM
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