$PROM Market Structure:
Bullish breakout with a sharp impulse move after consolidation. Strong upward momentum but slightly weaker than earlier parabolic pumps.
Current Situation:
Price rejected from 2.87 high and now pulling back → indicates selling pressure + profit-taking.
Key Levels:
Resistance: 2.60 – 2.87
Support: 2.00 – 1.90
Major Support: 1.60
Trade Plan:
Buy Entry: 2.00 – 1.90 (retest zone)
Breakout Entry: Above 2.90 with strong volume
Stop Loss: Below 1.60
Targets:
TP1: 2.60
TP2: 3.00
TP3: 3.40#KelpDAOFacesAttack #ARKInvestReducedPositionsinCircleandBullish