$PRL peaked at $0.4047 following the Upbit listing euphoria.

However, the price has consistently failed to reclaim previous levels, forming a clear sequence of lower highs.

Looking at the 4-hour chart, a close below $0.2800 would likely accelerate the sell-off toward the next structural floor.

Waiting for the 4-hour candle to close below support is better to avoid getting wicked out by a fake breakdown.

Trade Setup: short

- Entry: $0.2890

- Target: $0.2150 - $0.2120

- Stop: $0.3125

- RR: 2.0

Confirmed profitable trade don't ignore chart when there's no base formed go and short quickly.

PRLUSDT

Perp

0.2525

-0.15%