🟢 $PROM | LONG SETUP
🎯 Trading Plan:
Entry: $1.13 – $1.15
TP: $1.18 – $1.24 – $1.30
SL: $1.08
📊 Technical Analysis: $PROM is showing strong bullish momentum as it consistently rebounds from recent lows, with investors actively defending higher support levels. Despite facing selling pressure near local tops, the price maintains an overall bullish structure, indicating momentum is still favorable for the bulls.
The current consolidation zone acts as a precursor for the next leg up, with a clean breakout above the resistance area potentially triggering significant bullish momentum. R/R from entry ($1.14) to TP1 is ~2.9:1, offering an attractive profit potential with well-controlled risk.
Trade $PROM now by clicking on the chart below 👇
🎯 Trading Plan:
Entry: $1.13 – $1.15
TP: $1.18 – $1.24 – $1.30
SL: $1.08
📊 Technical Analysis: $PROM is showing strong bullish momentum as it consistently rebounds from recent lows, with investors actively defending higher support levels. Despite facing selling pressure near local tops, the price maintains an overall bullish structure, indicating momentum is still favorable for the bulls.
The current consolidation zone acts as a precursor for the next leg up, with a clean breakout above the resistance area potentially triggering significant bullish momentum. R/R from entry ($1.14) to TP1 is ~2.9:1, offering an attractive profit potential with well-controlled risk.
Trade $PROM now by clicking on the chart below 👇