#CryptoCPIWatch
/USDT - Alert Regarding Sell Trade Setup! The Breakdown Area Has Been Breached! 🚨
Current Price: $5.496 (-1.04%)
Continued Downward Momentum Over 15 Months
The $PROM pair has breached the key daily support level with multiple rejections near $5.55-$5.60. Sellers are stepping in with increasing trading volumes.
Key Levels:
Resistance: $5.58
Support: $5.44 (short-term), $5.30 (next area)
Sell Trade Setup:
Entry Area: $5.50-$5.52
🎯 TP1: $5.44
🎯 TP2: $5.32
🎯 TP3: $5.18
🛑 Stop Loss: $5.62
Market Overview:
Lower highs and tightening consolidation below $5.55 is a strong signal for continued downward trend. Increased volatility is likely.
Professional Tip:
If the $5.44 level is breached with high trading volume, expect a quick move towards $5.30. Watch the stop loss level as the move develops.
Monitor the breakdown development - shorting PROM seems ideal for quick speculative trading!