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$PROM Strong Breakout – Buying Side Is Turning Back to Control
After the correction phase, $$PROM has shown impressive recovery signals as it surged strongly from the 1.96 zone. The current price structure is forming higher lows (higher lows), indicating buying interest is returning and the buying side is gradually gaining dominance in the market.
The bullish momentum (bullish momentum) remains quite clear as the price is continuously pushed higher after each small correction. This suggests that market sentiment is becoming more positive and capital is starting to flow back into $PROM.
📌 Trading Plan (Long)
⟶ Entry zone (Entry): 2.35 – 2.45
⛔ Stop Loss (Stop Loss): 2.10
• Take Profit (Take Profit): 2.65 – 2.80
The 2.35 – 2.45 zone is considered a reasonable area to participate when the price makes a slight correction within the uptrend. Meanwhile, the 2.10 level acts as a capital protection zone if the market moves against expectations.
⚠️ Important Note
The 2.70 – 2.80 zone is a strong resistance area, close to the previous peak. If the price can clearly break out and hold above this zone, the uptrend could extend with higher targets.
Conversely, if a rejection signal (rejection) appears here, the market may enter a short-term correction before determining the next trend. $PROM