$PROM /USDT Trading Strategy
1. Entry Point ✅
Entry Price: Around 5.840
Rationale: Entry taken after a strong bullish reversal from the low at 5.832, with confirmation via bullish volume
2. Stop-Loss ⚠️
Stop-Loss Level: 5.820
Positioned just below the recent swing low to protect against downside risk
3. Target 🎯
Target Zone: 5.940 – 5.960
Aligned with previous resistance and the recent high at 5.943
4. Exit Plan ✌️
Partial Exit: Around 5.920 to secure early profits
Stop-Loss Adjustment 🔁: Move SL to entry once partial target hits
Final Exit: Near 5.943–5.960, or upon bearish candlestick/reversal signals
Technical Highlights:
Volume Surge 📊: Bullish momentum confirmed by increasing volume at breakout
MA Crossover Signal 📈: Short-term MAs (MA5 & MA7) crossing above longer MAs shows upward pressure
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