A $5.36K LONG liquidation just hit $PROM at $4.01692, forcefully removing over-leveraged positions and shifting short-term market structure. This type of liquidation often acts as a volatility trigger, clearing liquidity and allowing price to reprice more efficiently.

With longs flushed, $PROM is now at a critical reaction zone. If buyers step in with volume confirmation, the move could transition from liquidation pressure into a recovery push. Failure to hold, however, may lead to further downside exploration.

Key Insight

Liquidations don’t define direction — reaction does. Watch how $PROM behaves after the leverage reset.

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