$PROS Tonight target:
Given the strong bullish momentum shown in the PROS/USDT chart and the significant price movement seen today, here's a quick short-term analysis for potential targets by tonight:
Immediate Levels to Watch:
1. Current Price: $0.8691
2. Key Resistance: $1.02 (recent 24-hour high)
Tonight's Potential Targets:
Bullish Scenario:
If the current bullish momentum continues and there's strong buying pressure, the price could retest the $1.02 resistance level.
Breakout Target: If $1.02 is broken with strong volume, the next immediate target could be around $1.10.
Aggressive Target: In case of a strong breakout, the price might even reach $1.15 - $1.20 levels, especially if there's significant overnight interest or a market catalyst.
Bearish Scenario (if momentum fades):
If there's a pullback, expect minor support around $0.81.
Stronger support lies around the $0.75 - $0.80 zone.
Summary:
Conservative Target: Retest of $1.02
Optimistic Target: $1.10 - $1.15
Stop-Loss for Short-Term Traders: Consider setting a stop-loss below $0.80 to manage risk.
Trading Tip:
Watch for high trading volume around key resistance levels. A breakout above $1.02 with strong volume would be a positive signal for further upward movement.
However, be cautious of potential overbought conditions given the high RSI value.
Always trade with caution, especially in volatile market conditions.
