$PROM /USDT Short Trade Setup – High Potential Opportunity! 🔥💯
Market Analysis:
The chart reveals a strong resistance zone above $6.60 with multiple rejections. A significant downward movement recently tested the $6.40 support zone, breaking key momentum and setting the stage for a potential short position.
Trade Details:
Entry: $6.43 (current price)
Take Profit (TP):
TP1: $6.30 – Conservative target
TP2: $6.15 – Aggressive target
Stop Loss (SL): $6.60 (above resistance zone)
Risk-Reward Ratio: Approximately 1:3 – strong risk management in place.
Strategy:
Wait for confirmation of a rejection below $6.45 before entering the short trade. Monitor volume closely to assess sustained selling pressure. Avoid overleveraging and strictly follow pre-defined risk levels.
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