$PROM USDT RANGE REJECTION — BEARS MAINTAIN PRESSURE BELOW $5.29
PROMUSDT is stuck under a persistent resistance zone near $5.29, with repeated wicks showing clear rejection. The 15-minute chart displays a tightening bearish structure and lower highs forming. A failure to break and hold above this resistance zone could lead to another wave of downside movement.
TRADE SETUP 🔻 Short Trade Signal
Entry Zone: 5.282 – 5.295
Take Profit 1: 5.260
Take Profit 2: 5.220
Stop Loss: 5.310
Leverage: 10x
Risk Allocation: 2–3% of wallet
MARKET OUTLOOK
Momentum is weak with price repeatedly failing to sustain above $5.29. Bears are absorbing buy attempts and defending the range top. If bulls can’t reclaim $5.30 with conviction, expect further rejection and continuation toward support levels.
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buy and trade here on $PROM