$PROM
/USDT Technical Analysis & Trade Signal
Market Overview:
The price is holding a bullish sentiment above $6.00.
Strong support observed near $5.80, with resistance at $6.25.
Trade Signal:
Trend: Bullish (Short-term)
Entry Range: $6.05 – $6.10
Stop Loss: $5.85 (below recent support level)
Target Levels:
1. 🎯 $6.25 (Immediate resistance)
2. 🎯 $6.40 (Medium resistance)
3. 🎯 $6.65 (Key breakout target)
Momentum Indicators:
RSI: Slightly bullish, hovering near 60.
MACD: Positive crossover, signaling upward momentum.
Volume: Rising, confirming buying interest.
Trade Momentum:
A strong upward breakout above $6.25 will indicate bullish continuation toward the next target levels. Manage risks closely, especially if the price drops below $5.85.