$PROM At this spot, I’ll continue to be bearish. This round of the rally is basically driven purely by emotion and sentiment. It may already have entered an overbought zone, and the overhead resistance is pressing down tightly. The Layer 2 track is now too cutthroat—there are many projects of the same type, but its ecosystem users and actual deployment progress are moving too slowly, so the fundamentals may not be able to support the current coin price. Looking at historical price action, after this kind of spike in “scam coins” often comes with a deep pullback. Everyone can keep an eye on how price behaves around the resistance levels. If you’re planning to enter a position, you must control your position size, use a stop-loss, and be mindful of the risk of extreme volatility.