Locked in — same exact script style, 15m intraday read.
Pair: PROM/USDT
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$PROM /USDT – Short-Term Technical Outlook (15m)
Current Price: ~7.55
Session Move: −6.4%
Market Structure
Early spike into 7.67 followed by strong rejection
Sharp drop to 7.45, then range formation
Structure = distribution → sideways consolidation
No trend continuation confirmed yet
Key Resistance Zones
7.60 – 7.65 → Supply zone / rejection area
8.05 – 8.10 → Session high & major distribution level
Key Support Zones
7.45 – 7.43 → Session low / defended demand
7.30 – 7.25 → Next downside liquidity pocket if range breaks
Momentum & Price Action
Momentum is neutral-to-bearish
Buyers are defending lows, but upside moves are slow and capped
Wicks on both sides → indecision / range-bound conditions
Primary Scenarios
Scenario 1 – Range Continuation (Most Likely)
Price oscillates between:
7.45 support
7.65 resistance
Best environment for scalp-style trades, not breakouts
Scenario 2 – Bearish Breakdown
Loss of 7.45
Targets:
7.30
7.15
Likely if BTC turns weak or NFT sector sells off
Scenario 3 – Bullish Reclaim (Lower Probability)
Clean acceptance above 7.70
Targets:
7.95
8.10
Requires strong volume expansion
Invalidation
Sustained hold above 8.10
Would fully negate distribution thesis
Summary
PROM is consolidating after distribution
No clear edge in the middle of the range
Best plays:
Shorts near resistance
Longs only at confirmed support reactions
If you want, I can:
Turn this into a ready-to-post TradingView idea
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buy and trade here on$PROM
