$PROM /USDT pair has been consolidating within a range over the past few hours. The price is currently trading near the lower end of this range, suggesting potential for a bullish reversal.
Current Price: $5.777
Entry Price: $5.600 (Buy on a break above the lower trendline of the consolidation range)
Resistance Levels:
* $5.850
* $6.000
* $6.200
Support Levels:
* $5.600
* $5.400
* $5.200
Take Profit Targets:
* TP1: $5.850
* TP2: $6.000
* TP3: $6.200
Stop Loss: $5.400
Caution:
Traders should be cautious and monitor the market closely for any signs of instability or breakout signals. If the price breaks below the lower trendline, it could indicate a bearish reversal and the trade should be exited.
