$PROM

🚀 PROM/USDT - Technical Analysis 🚀

Current Price: $5.625 📉

PROM is consolidating just above the $5.60 mark, signaling a potential breakout or deeper retracement. The price is holding steady, but resistance looms around $5.80-$6.00 – a key zone that needs to be cleared for bullish continuation.

🔑 Key Levels:

Support: $5.50 – Holding this level could trigger a bounce.

Resistance: $5.80 – A break above could open the path to $6.20+.

📈 Trading Plan:

Bullish Entry: Buy on a breakout above $5.80 with targets at $6.00 and $6.20.

Bearish Scenario: A drop below $5.50 may lead to further downside, targeting $5.30.

🔍 Current Outlook: PROM is in a critical zone – watch for volume spikes and candle closes to confirm direction. Traders can capitalize on range-bound moves or wait for a decisive trend break.

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