$PROM USDT BULLISH CONSOLIDATION – NEXT IMPULSE LOADING!
PROM/USDT is currently consolidating after a strong rally to 7.643, now trading at 7.440. Price is holding above the key 99 MA (7.309) and bouncing around the 25 MA (7.434) with the 7 MA (7.454) acting as immediate dynamic resistance. Bulls are likely preparing for another upward push if this zone holds.
🚀 TRADE SETUP:
Long Entry: 7.420 – 7.450
Targets: 7.550 / 7.620
Stop Loss: 7.380
📊 MARKET OUTLOOK:
The current tight range after a breakout suggests accumulation. If buyers step in above 7.450, momentum could quickly retest recent highs and break for a fresh impulse leg.
⚠️ RISK MANAGEMENT:
Keep risk limited with disciplined stop losses and adjust position size to market volatility.
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