PROM/USDT Technical Analysis & Trade Signal
Current Price: $5.966 (+8.71%)
24h High: $5.994 | 24h Low: $5.424
24h Volume (PROM): 380,291.04 | 24h Volume (USDT): 2.19M
SAR Indicator: Currently at 5.812, suggesting a potential uptrend reversal.
Momentum: The price has shown positive momentum with an 8.71% increase in the last 24 hours, and strong buying pressure is observed at levels near $5.90.
Trade Signal: Bullish (short-term buy)
Target Levels 🎯
1. First Target: $6.05 (Resistance Level, Near 24h High)
2. Second Target: $6.20 (Psychological Resistance)
3. Third Target: $6.40 (Extended Resistance from Depth Levels)
Trade Momentum: Given the current upward movement and volume, the trend is bullish. Watch for price action at the $5.994 level for confirmation of further gains. Consider stop-loss around $5.80 to limit downside risk.
Recommendation: Buy with cautious optimism for a short-term target of $6.05 and further upward movement.
#BinanceAlphaAlert #USJoblessClaimsFall #USUALAnalysis #BTCNextMove