PRL rally losing momentum confirmed! Clear resistance above 0.34, a short-term pullback trend is taking shape.

Current Price: 0.3401

First, the conclusion: PRL has shifted from a consolidation to a bearish structure in the short term, belonging to the “retracement phase after a failed rebound,” with a tendency for sideways downward movement within the day rather than further upward attack.

1. 4-Hour Level: Rebound Stalled, Structure Weakening

Failed to hold above the 0.35 region Highs gradually declining, forming a resistance structure MACD turning at high levels, showing signs of a death cross Bollinger Bands narrowing, price falling back toward the middle band

Core judgment: The 4-hour chart has entered a sideways weak phase

2. 1-Hour Level: Bearish Momentum Gradually Forming

Appears as “rise → pullback → weak rebound” structure Multiple rebounds suppressed within the 0.342-0.345 range Moving averages turning downward, price trading below the moving averages MACD bearish momentum gradually strengthening

Short-term rhythm: Weak rebound + stair-step decline

3. Intraday Price Projection

If unable to regain above 0.345:

More likely to sideways decline within the day First test support around 0.336 If broken, may extend to the 0.332 region

4. Direct Trading Strategy (Provided as per request)

Direction: Short (market order to open position)

Entry Price: Around 0.3401

Take Profit:

First TP: 0.3367 (approximately -1%) Second TP: 0.3333 (approximately -2%)

Stop Loss:

Stop loss level: 0.3452 (approximately +1.5%)