【$PROM Signal】Squeeze relay—after 1H consolidation, it breaks toward the upper band

$PROM Funding rate -0.6466%, deeply negative; price stays firm and doesn’t slip. The short-squeeze foundation is solid. The upper band of the 4H Bollinger band was just breached at 2.0236; on the 1H MACD, the histogram bars have narrowed but are still above the zero line, and buy pressure is clearly trying to lift the price actively.
🎯 Direction: Go long
⚡ Entry / orders: 2.02491 - 2.03100
🛑 Stop loss: 1.92945
🚀 Target 1: 2.18332
🚀 Target 2: 2.25949
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut position by 50% and move the stop loss up to the break-even level. If price drops back to the entry level, automatically exit to protect principal.
Volume has fallen back from its peak; the sell pressure on the order book is only slight, but the incoming orders are quickly absorbed. After short-term long/short tug-of-war, the bulls have the advantage.
View live quotes 👇 $PROM
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