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Everyone is piling into PROM hoping for a bounce. That's exactly when I start looking the other way.
$PROM Short 50x | Zone still rejecting
I'm already positioned. The risk map is set—here's what I'm watching.
Trade Plan:
- Entry: 1.99029 – 2.01243
- TP1: 1.92165 (R:R 1:0.8)
- TP2: 1.86850 (R:R 1:1.3)
- TP3: 1.78879 (R:R 1:2.0)
- SL: 2.10764
Why this setup?
- The 4h short structure is intact, and the daily range is holding price between 1.99029–2.01243 near 2.00136.
- 15m RSI at 44 gives sellers room to push further without being overdone.
- 15m volume is running 1.34x above average, with 22.21K traded versus 16.60K expected—real sell pressure is here