$PROM Parabolic Top Rejected, Short the Bounce 🔴🩸
Trade Setup: Short 🔴🩸
Entry Zone: $2.500 – $2.676
📍TP1: $2.118
📍TP2: $1.690
📍TP3: $1.262
SL: $2.900
Why this Setup? 💀⚡🎯
PROM went on a 3x parabolic run from $0.932 to $2.876 and is now printing its first major rejection candle from the top — a textbook blow-off top signal. The wick down to $2.091 already shows sellers mean business.
Any dead cat bounce back into the $2.50–$2.676 zone is a high-conviction short entry. With no real support until $1.69 and momentum flipping fast, this could give back a massive chunk of the entire move very quickly.
Trade Here On $PROM 👇
PROM
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