$PROM /USDT – SHORT SETUP ⬇️

PROM

3.838

-8.92%

Current: $7.328

24h Change: -13.21% (Strong downtrend)

RSI(6): 5.43 (Extreme oversold — reversal risk)

MACD: Bearish & expanding (DIF < DEA) ✅

Key Levels:

✅ Resistance: $7.470 - $7.697 (breakdown zone)

🎯 Target: $7.295** (24h low), break targets **$7.100

🛑 Stop Loss: Above $7.923 (higher timeframe resistance)

Why Short:

· Massive sell-off from $8.646 high, momentum strong

· MACD deeply negative, no signs of reversal

· Volume supports bearish continuation ($11.13M USDT)

Extreme RSI suggests caution — short on bounce toward $7.47–7.70 for better risk/reward.