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$PRL is breaking out of short-term compression after reclaiming key moving averages
The 15M chart shows a clean recovery from the 0.1721 sweep low, followed by a strong displacement candle through the EMA cluster. Price is now holding above the 7EMA, 25EMA, and 99EMA simultaneously, indicating improving momentum. The main challenge sits near the recent 0.1864–0.1956 supply zone where previous sellers became active.
🎯 Entry zone: LONG 0.1810 – 0.1845
TP1 0.1890
TP2 0.1955
TP3 0.2050
TP4 0.2180
🛑 Stop Loss 0.1760
Recent price action suggests buyers successfully absorbed selling pressure near 0.1780 and forced a higher-low structure. As long as PRL maintains acceptance above the EMA cluster around 0.1780–0.1810, continuation toward the recent swing high remains favored.
A 15M close below 0.1760 would invalidate the breakout structure and indicate the current move was only a liquidity-driven rebound rather than genuine trend expansion.
#WinGoldBarsWithGrowthPoints