$PROM
the price is showing a strong bullish reversal after a period of consolidation. The recent +18.80% surge suggests significant buyer interest as the price tests local resistance levels around 2.389—2.400. With the 4-hour candle currently green and pushing upward, this trade captures a potential breakout momentum that could lead to further gains if the broader market sentiment remains neutral-to-bullish. Entering here allows you to ride a "Smart Money" recovery, especially as the RSI indicates there is still room before hitting extreme overbought conditions.
Trade Setup
Entry Price: Current Market Price around $2.389 - $2.400
Stop Loss: Below the recent consolidation support at $2.050 to protect against a trend reversal.
Targets (Take Profit):
TP1: $2.550 (Psychological resistance and recent local high).
TP2: $2.800 (Major structural resistance on the 4H chart).
TP3: $3.150
