$PROM /USDT: Potential Resistance Breakout
Current Price: $6.344
Trade Setup:
• Entry Zone: $6.300–$6.400
• Stop Loss (SL): $6.000
• Take Profit (TP):
• TP1: $6.800
• TP2: $7.200
• TP3: $7.500
Analysis:
$PROM is consolidating near a critical resistance level at $6.400. A breakout above this zone could lead to a strong upward rally targeting higher resistance levels.
Trading Strategy:
• Enter within the suggested zone once volume confirms a breakout.
• Secure partial profits at TP1 and trail stops to maximize gains as the price moves toward higher targets.
• Watch for rejection at $6.400 if volume decreases.