$PROM Jumps 16%, Writing Its Own Story Despite Fear
PROM surged 16.83% in the last 24 hours, reaching $1,525 and hitting its highest intraday level. The price also broke above the upper Bollinger band.
Technically, the picture looks quite strong. The RSI has risen to 79.38, entering the overbought zone. The CCI at 179.87 and ADX at 53.22 confirm the strength of the trend. The long/short ratio of 2.24 indicates that buyers are dominating the market.
🔹 16.83% increase in the last 24 hours and price at $1,525
🔹 Bollinger upper band broken and 24-hour high reached
🔹 RSI in overbought region