$PROM /USDT Surges highs Analysis ! ๐
The PROM/USDT chart is painting a bullish picture! ๐ฅ After a period of consolidation, we're seeing a strong recovery, suggesting a potential breakout. ๐
Suggested Trade Setup:
* Entry Zone: 5.855 - 5.885 ๐ฏ
* Target 1: 6.000 ๐ฏ
* Target 2: 6.220 ๐ฏ
* Stop Loss: 5.755 ๐
Analysis:
The candlestick patterns and increasing volume point towards a powerful upward trend. ๐ Keep an eye on the 6.000 resistance level. Breaking above this could ignite the next leg of the rally towards 6.220.
Risk Management:
* Secure partial profits near 6.000 to lock in gains. โ
* Adjust your stop-loss to breakeven once 6.000 is reached for a safer position. โ
Short-term traders can leverage this breakout, while long-term investors might consider accumulating at dips for a sustained uptrend. ๐