$PROM /USDT – Trade Setup (LONG)

Entry: 7.10 – 7.35

Take Profit 1: 7.95

Take Profit 2: 8.65

Take Profit 3: 9.30

Stop Loss: 6.75

PROM
PROMUSDT
8.115
+2.61%

Analysis:

PROM/USDT has formed a clear breakdown-and-base structure after a sharp sell-off from the 9.8 zone. Price swept liquidity near 6.8 and is now stabilizing above daily support, indicating seller exhaustion. Volume spike on the drop followed by decreasing sell pressure suggests a potential relief bounce. Although price is still below EMA 25 and EMA 99, the compression and higher lows on lower timeframes hint at early reversal strength. A move above 7.5 can accelerate momentum toward the 8.6–9.3 resistance zone. Risk is defined below the sweep low.