$PROM is showing a bearish short-term structure after a strong upside push stalled near the 2.520 high. Momentum is fading, and price is now rejecting from the upper range, which signals weakening buyer control.
Price action shows a breakout followed by exhaustion near resistance and a failed hold above the recent expansion zone. The rejection from the top and rollover into lower intraday levels suggest a corrective move is likely unless $PROM quickly reclaims the high.
Trade Setup (Short)
Entry Zone: 2.30 - 2.35
Tp 1: 2.19
Tp 2: 2.07
Tp 3: 1.99
Stop Loss: 2.52
As long as $PROM stays below the recent high, the bearish pullback setup remains in play.
PROMUSDT
Perp
2.294
-2.21%