🔴 $PROM /USDT SHORT TRADE SIGNAL – BEARISH RETEST AT LOCAL RESISTANCE!
$PROM is trading at $5.442 and showing signs of exhaustion after a failed breakout above $5.59. The 1H chart highlights a strong bearish rejection with continued lower highs and a breakdown structure, pointing to growing sell pressure near resistance.
TRADE SETUP (SHORT):
Entry Price: $5.455 – $5.490
Target 1: $5.360
Target 2: $5.250
Stop Loss: $5.520
WHY SHORT?
PROM rejected the $5.59 level, followed by bearish candles closing below support. Current consolidation under $5.460 shows weak buyer interest, hinting at continuation toward lower support zones.
RISK MANAGEMENT TIP:
Always maintain tight stops above recent highs and scale out at major levels to protect gains.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
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