$PROM
USDT – Strong Bounce Toward Key Resistance 🚀
Current Price: $9.009 (+12.39%)
24h Range: $8.016 – $9.268
Volume: $2.65M USDT (Healthy for the move)
MA60: $9.009 (price trading right on it – pivot zone)
Market Insight:
PROM has staged a strong rally from $8.02, briefly testing $9.26 before pulling back slightly. Price is now consolidating around the MA60, with short-term MAs pointing upward. Momentum is still bullish, but the $9.25 resistance remains the immediate barrier to further gains.
Key Levels:
Support: $8.96 / $8.80
Resistance: $9.25 → $9.50
Indicators:
MACD: Bullish momentum still active
RSI: Near 68 — close to overbought, so watch for pullbacks
Volume: Above average, confirming buying pressure
Bullish Setup:
Entry Zone: $8.96 – $9.02 (on dips)
TP1: $9.25 (recent high retest)
TP2: $9.50 (next extension)
Stop Loss: Below $8.80
Bearish Risk:
Failure to hold $8.96 could trigger a quick drop toward $8.75–$8.60.