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【$PROM Signal】Longs sniper: negative funding rate + deep buy wall, 1H pullback confirmation
$PROM Funding rate -0.5049%, shorts’ position cost is extremely high. Order book depth is imbalanced by 27.39%, with bid order density 1.75x higher than the ask side. 1H RSI is 56.86, not overheated. 4H MACD histogram bars are still expanding, and the uptrend hasn’t broken. Price retraced to around 1.96, tightly above the 1H Bollinger midline at 1.9038, with clear bid-support intent.
🎯 Direction: Go long
⚡ Entry/limit orders: 1.95811 - 1.96400
🛑 Stop loss: 1.94436
🚀 Target 1: 1.99346
🚀 Target 2: 2.00819
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut 50%, and move the stop loss up to breakeven. If price drops back to the entry level, exit automatically to protect principal.
Negative funding rate combined with the deep buy wall means short-squeeze momentum can be released at any time. Current reward-to-risk ratio is about 1.5—worth using a tight stop to bet on big volatility.
View real-time chart 👇 $PROM
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