$PROM is showing a clear rejection near the 9.00 psychological level after a sharp impulsive push...................
Price tapped into a strong supply zone and immediately faced selling pressure, indicating buyers are losing momentum at this resistance................
The rejection candle on lower timeframe suggests a potential pullback toward the prior demand area, especially if price fails to reclaim and hold above 9.00 with volume.............
Trade Setup
Entry Range: 8.98 – 9.02
Target 1: 8.95
Target 2: 8.92
Target 3: 8.88
Stop Loss: 9.08
