$PROM USDT BULLISH BREAKOUT ā READY TO TARGET HIGHER LEVELS š
PROM/USDT has shown a strong push from the recent low at 7.079, reaching a high of 7.643 before consolidating near 7.52. The price action suggests bullish accumulation, and a breakout above 7.64 could open the way for the next leg up towards key resistance levels.
š¹ Trade Setup (LONG):
Entry: 7.50 ā 7.60
Targets:
TP1: 7.80
TP2: 8.10
TP3: 8.50
Stop Loss: 7.28
š Short Market Outlook:
PROM is currently in a bullish structure on the 15m timeframe, forming higher lows with strong buyer momentum. A clean break and hold above 7.64 will confirm a continuation towards the upper targets. Failure to hold above 7.28 may invalidate the setup and trigger a short-term pullback.
š Risk Management:
Always use your stop loss and secure partial profits at each target to manage risk effectively.
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