$PROM

PROM
PROMUSDT
1.347
-12.30%

(Prom)

Current Price: $8.022 (+11.79%)

Analysis: PROM is displaying strength by reclaiming the $8.00 handle. Unlike the explosive pump of DCR, PROM is grinding upwards steadily, which is often more sustainable. This indicates real spot buying rather than just leverage speculation.

Trade Targets: The path of least resistance is up toward $9.20. A breakout there exposes the psychological $10.00 barrier.

Key Support: The $7.50 level is crucial. A retest of this zone would be a healthy entry opportunity.

Trading Strategy

Do not chase green candles blindly. The best risk-to-reward ratios are found on retests of the support levels mentioned above. Always manage your risk—volatility cuts both ways.

$PROMPT

PROMPTEthereum
PROMPT
0.048113
+1.31%