$PROM is showing signs of recovery after a strong pullback from the 11.20 zone. Price recently bounced from the 6.50 support, indicating solid demand at lower levels. Currently trading around 7.87, the market is attempting to build a higher base.

PROM

1.945

-9.07%

📊 Technical Outlook:

Support: 6.50 – strong demand zone

Resistance: 8.30 → 9.30

RSI (~58): Healthy momentum, not overbought

MACD: Early bullish recovery signals forming

Volume: Gradually improving, supporting the bounce

🔎 Bias:

As long as price holds above 6.50, PROM has potential to retest 8.30–9.30 in the short term. A clean breakout above resistance could open the door for further upside. Failure to hold support may lead to consolidation.

⚠️ Note: This is a technical perspective, not financial advice. Always manage risk and wait for confirmation.

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