$PROM /USDT BEARISH PRESSURE REMAINS DESPITE MINOR REBOUND

$PROM attempted a short-term recovery from the 9.127 low but is still trading well below the 99-MA, with both the 7-MA and 25-MA capping upside momentum. Sellers remain in control, and failure to reclaim 9.40 could lead to another downward leg.

Trade Setup (Short):

Entry: 9.29 – 9.33

Take Profit 1: 9.20

Take Profit 2: 9.12

Stop Loss: 9.38

Market Outlook:

Bearish sentiment dominates as the broader trend is still pointing downward. A drop below 9.20 could accelerate selling pressure, while only a strong break above 9.40 may hint at a shift in momentum.

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