$PROM /USDT โ Bearish Breakdown Watch! ๐จ
Current Price: $5.468 (-2.11%)
The chart shows a clean rejection near $5.63 followed by consistent lower highs and lower lows on the 15m chart.
Key Levels:
Resistance: $5.60 / $5.63
Support: $5.42 / $5.28
Short Trade Setup โ Trend Reversal in Play:
Entry Zone: $5.48 โ $5.52
๐ฏ TP1: $5.42
๐ฏ TP2: $5.28
๐ฏ TP3: $5.10
๐ Stop Loss: $5.64
Market Insight:
PROM has failed to reclaim the $5.60 resistance and is seeing increasing selling volume on each bounce. This opens a clear opportunity for downside continuation scalps.
Pro Tip:
Watch for retest rejections near $5.50โ$5.52 for ideal short entries. Don't chase; wait for confirmations!
Momentum is fadingโletโs ride the dip while others hold the bag!
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