#PROM/USDT is currently trading around 1.136 USDT, with prices closely following the lower Bollinger Band on the 1H timeframe, indicating a short-term oversold condition. Selling pressure has weakened, and there is a possibility of a technical bounce if the current support area holds.
👉 Entry (Long):
1.13 – 1.14 USDT
🎯 Take Profit:
TP1: 1.17 USDT
TP2: 1.21 USDT
TP3: 1.26 USDT (when volume confirms)
⛔ Stop Loss:
1.09 USDT
📊 Quick technical analysis
Price touched the lower BB (≈ 1.138) → area prone to a bounce
Inverted hammer candle appeared around the nearest bottom
Low timeframe RSI is in a low zone, with room for a bounce
Short-term MA is sloping down but the slope is gradually decreasing → selling pressure is weak
📌 Risk/Reward ~ 1:2.5, suitable for a short-term bounce trade
⚠️ It is advisable to gradually take profits at TP1 and move SL to Entry to protect capital
💬 How do you all evaluate PROM/USDT?
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