๐ฅHereโs a structured technical analysis and trade signal for $PROM
/USDT:๐ฅ
PROM/USDT Technical Analysis
Current Price: $9.878 (+5.22%)
24h High / Low: $10.081 / $9.323
24h Volume: 129,613 PROM / 1.25M USDT
Trend Analysis:
Short-term (15mโ1h): Bullish momentum โ price rising steadily.
Medium-term (4hโ1D): Consolidation in $9.60โ$10.08 range; accumulation ongoing.
Volume: Moderate, supporting the current upward move.
Support Levels:
1. $9.60 โ short-term support
2. $9.32 โ 24h low, strong floor
Resistance Levels:
1. $10.08 โ 24h high, near-term ceiling
2. $10.30 โ potential breakout level
Indicators:
RSI: ~62 โ bullish but not overbought
MACD: Positive crossover โ momentum favoring buyers
Moving Averages: Price above 20MA & 50MA โ short-term uptrend confirmed
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Trade Signal
Entry Zone: $9.85โ$9.90
Targets:
1. Target 1: $10.08 โ short-term profit (24h high)
2. Target 2: $10.30 โ breakout target if momentum continues
3. Target 3: $10.60 โ extended upside
Stop Loss: $9.30 โ below strong support
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Pro Tip
Watch volume near $10.08โ$10.10 โ a breakout with strong volume can push the price quickly to $10.30+.
Avoid chasing if PROM spikes above $10.10; wait for retracement to safer entry.
Scalpers can use 15mโ1h charts for quick trades; swing traders focus on 4hโ1D charts for more stable positions.