$PROM Signal】Bullish attack: negative funding rate short squeeze + 4H support retest for confirmation


$PROM 1H MACD bearish cross with increasing histogram, price retraces to around the Bollinger Band midline at 1.93. After the 4H Bollinger Band upper band at 2.0428 was pierced, it fell back; the 4H Bollinger Band midline support at 1.7020 is clearly holding. In the order book, buyers are aggressively adding orders; negative funding rate at -0.27% works with stable OI, and the capital battle has entered a critical zone.
🎯Direction: Long
⚡Entry: 1.96708 - 1.97300
🛑Stop loss: 1.95327
🚀Target1: 2.00260
🚀Target2: 2.01739
🛡️Trade management:
- Execution strategy: After reaching Target1, reduce position by 50%, and move the stop loss up to breakeven. If price falls back to the entry area, automatically exit to protect principal.
1H RSI has pulled back to 56 without being overbought; although 4H buyer volume momentum has contracted, the sell-side depth share is only 15%. Under this negative funding rate, price resistance to downside often suggests short-term funds are secretly picking up.
Check live market quotes 👇 $PROM
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#直通IPO第二期JerseyMikes #夏日创作营 #Gate事件合约首发狂欢
PROM9.04%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned