$PROM /USDT STRONG MOMENTUM SURGE HINTS AT BULLISH CONTINUATION 🔥
$PROM /USDT has shown an aggressive move upward from the 1.98 region to a high near 2.40, supported by strong volume expansion. The price is currently consolidating just below resistance, indicating buyers are absorbing selling pressure. Holding above 2.30–2.32 keeps the bullish structure intact and increases the probability of a breakout toward new short-term highs.
Trade Setup (Long):
Entry: 2.30 – 2.36
TP1: 2.42
TP2: 2.55
TP3: 2.70
SL: 2.18
Alternative (Short - on rejection):
Entry: 2.38 – 2.42
TP1: 2.25
TP2: 2.10
SL: 2.50
Market Outlook:
The market remains bullish in the short term with strong buying interest. A confirmed breakout above 2.42 could trigger further upside expansion, while failure to hold above 2.30 may lead to a healthy pullback before the next move.
#Crypto #Altcoins #TechnicalAnalysis #Trading #Binance
$PROM /USDT has shown an aggressive move upward from the 1.98 region to a high near 2.40, supported by strong volume expansion. The price is currently consolidating just below resistance, indicating buyers are absorbing selling pressure. Holding above 2.30–2.32 keeps the bullish structure intact and increases the probability of a breakout toward new short-term highs.
Trade Setup (Long):
Entry: 2.30 – 2.36
TP1: 2.42
TP2: 2.55
TP3: 2.70
SL: 2.18
Alternative (Short - on rejection):
Entry: 2.38 – 2.42
TP1: 2.25
TP2: 2.10
SL: 2.50
Market Outlook:
The market remains bullish in the short term with strong buying interest. A confirmed breakout above 2.42 could trigger further upside expansion, while failure to hold above 2.30 may lead to a healthy pullback before the next move.
#Crypto #Altcoins #TechnicalAnalysis #Trading #Binance