Bull Run Confirmed: $PROM /USDT Analysis!💯🔥
The chart confirms a bullish momentum for PROM/USDT, currently trading at 5.862. This marks a strong recovery after a consolidation phase, signaling a potential breakout.
Suggested Trade Setup:
• Entry Zone: 5.850 - 5.880
• Target 1: 6.000
• Target 2: 6.200
• Stop Loss: 5.750
Analysis:
The candlestick structure and volume surge indicate robust upward momentum. Traders should monitor the 6.000 resistance level, as breaking above this could confirm the next leg up toward 6.200.
Risk Management:
• Secure partial profits near 6.000 to mitigate risk.
• Adjust stop-loss to breakeven once 6.000 is achieved for a safer position.
Short-term traders can capitalize on this breakout, while long-term holders might consider accumulating at dips for a sustained trend. Always trade responsibly!
