【$PROM Signal】Go long + enter on 1H pullback support

$PROM On the 4H Bollinger Band midline near 1.6869, buy orders prop up. On the 1H chart, although MACD is in a dead cross, the RSI has pulled back to 52 without breaking the prior low. Funding rate -0.33% favors the longs, and depth shows buyers are actively taking positions below 1.49. The current price 1.914 is close to the suggested entry zone. The short-term long trade’s profit/loss ratio is about 1.5, with room for tactical plays.
🎯Direction: long
⚡Entry / Place order: 1.912
🛑Stop loss: 1.89486
🚀Target 1: 1.94271
🚀Target 2: 1.95706
🛡️Trade management:
- Execute strategy: after reaching Target 1, reduce position by 50%, and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.
Depth rationale: the negative funding rate and depth data create a resonance; the sell-side order book gap is obvious. Support is effective around the dense 1H moving average area, and there’s a higher probability of a short-term long impulse.
Check live market 👇 $PROM
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