$PROM /USDT

pair has been consolidating in a narrow range for the past few hours, with the price hovering around the $6.50 level. We've observed a slight bullish divergence between the price and the RSI, suggesting that the buying pressure might be increasing.

Current Price: $6.528

Entry Price: $6.48

Resistance Levels:

* $6.60

* $6.70

* $6.80

Support Levels:

* $6.40

* $6.30

* $6.20

Take-Profit Targets:

* TP1: $6.65

* TP2: $6.75

* TP3: $6.85

Stop Loss: $6.35

Caution:

Traders should be cautious and monitor the market closely for any signs of instability or a potential breakout. The consolidation phase might continue for a while before a clear directional move emerges.

#PROM #USDT #CryptoTrading #Binance #TechnicalAnalysis