$PROM is currently trading around 1.199, sitting just below a key resistance level at 1.200 after a strong upward move from the 1.097 support base. Price action is now compressing tightly near the highs, indicating underlying strength as sellers struggle to push the market lower.

This structure suggests increasing bullish pressure, with buyers consistently absorbing minor pullbacks and maintaining price stability near breakout territory. Volume remains steady, supporting the idea that momentum is still intact and could soon expand further.

Trade Setup:

Entry Zone: 1.160 – 1.205

Take Profit 1: 1.220

Take Profit 2: 1.260

Take Profit 3: 1.320

Stop Loss: 1.090

A confirmed breakout above the 1.200 resistance level could trigger a strong continuation rally. As long as price holds above the entry zone, the bullish structure remains valid.

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