$PROM /USDT
๐ Market Overview
Current Price: $6.18 (+16.54%, strong bullish momentum)
24h Range:
High: $6.56
Low: $5.29
Volume:
PROM: 549,586
USDT: $3.22M
๐ Technical Analysis (Intraday 4h & 1D View)
โ Bullish Momentum
Massive daily gain (+16.5%) shows strong buying interest.
Price near local resistance at $6.55โ$6.60. Breakout zone.
Consolidation seen around $6.15โ$6.20, forming a potential bullish flag or continuation pattern.
๐ Trade Setup (Long/Bullish Bias)
Entry: $6.15โ$6.20 (if price stabilizes or breaks out)
Target:
TP1: $6.55 (retest of local high)
TP2: $6.85โ$7.00 (extension)
Stop Loss: Below $5.90 (recent pullback low)
๐ Bearish Risk Zone
If it fails to break $6.55 and falls under $5.90, short-term correction is likely.
Possible retrace support near $5.60โ$5.45
๐ง Trade Recommendation (Next 4โ12h):
Buy on breakout above $6.25 with targets at $6.55 and $6.85, keeping tight SL at $5.90. Only enter if volume sustains near the high.
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