$PROM Breaking Out! 🔥 30% Surge: Is the Next Target $3.00?

The momentum is shifting! $PROM (Prometeus) is making some noise today with a solid +31% move, pushing through major local resistances. After hitting a high of $2.92, we are seeing some healthy consolidation.
​Technical Analysis (4H Chart):
​The Impulsive Move: $PROM has successfully broken out of its accumulation phase below $1.40. The current price action around $2.20 shows that buyers are stepping in to flip previous resistances into supports.
​Moving Averages: The price is maintaining a strong position above the MA5 ($2.15) and MA10 ($1.99). As long as we hold above the $2.00 psychological level, the trend remains bullish.
​Indicators (MACD): We see a strong bullish divergence on the MACD. While the histogram shows a slight cooling off, the gap between the signal lines suggests that the upward trend hasn't exhausted yet.
​Key Levels to Watch:
​Resistance: $2.54 (Immediate) and $2.92 (The recent local peak). If we clear $3.00, it’s blue sky territory! 🚀
​Support: $1.97 (MA10) and $1.62 (MA30 / Long-term support).
​Why Prometeus?
As a decentralized data infrastructure project, $PROM is gaining traction due to the growing focus on data privacy and sovereign AI networks. When fundamental news meets a technical breakout, the results are usually explosive!
​Trading Strategy: Watch for a daily close above $2.30. If it holds, we could be looking at a re-test of the $2.90 resistance very soon. Remember to manage your risk and use stop-losses around the $1.90 mark.