$PROM 🚀 Technical Analysis: PROM/USDT - Bullish Momentum with 3 Key Price Targets 🎯
As we head into the new week, the PROM/USDT trading pair is showing strong bullish momentum. The price has surged by 14.25%, currently sitting at $8.19. Let’s dive into the chart and look at the key levels for potential price action.
📊 Current Price: $8.19
🔝 24h High: $8.593
📉 24h Low: $7.152
💰 24h Volume (USDT): $30.97M
📈 Technical Levels & Price Targets
1. First Target ($8.60):
The price has recently tested the $8.60 region, and this level acts as a strong resistance. A breakout above this could see continued bullish momentum, targeting a new high.
2. Second Target ($8.85):
If the momentum continues to build, $8.85 is the next major resistance area. A strong move here could trigger a continuation of the upward trend, with increased trading volume.
3. Third Target ($9.20):
For more aggressive traders, $9.20 could be the next key psychological resistance level. This price point aligns with the bullish trend, offering potential profits for those who enter early.
🔍 Market Indicators:
MA (5): 56,105.33
MA (10): 73,772.58
💬 Conclusion:
With a clear uptrend in place, traders should keep a close eye on the targets above. A pullback to the $7.80 range could provide an ideal entry point for those looking to take advantage of the bullish run. Always manage your risk and trade responsibly.
🚀 Let’s see if PROM can continue its bullish journey! Happy trading! 📈
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