$PROS Is Testing Resistance – A Short Opportunity?
PROS has gained nearly 17 percent today, now priced at 0.4839. This is a well-known supply area that has rejected price multiple times. Sellers are likely waiting for an opportunity to push lower.
Bearish divergence is visible on momentum indicators, signaling that the rally may be losing strength. A drop toward 0.4550 is the target.
Entry: 0.4820 to 0.4860
Stop Loss: 0.4950
Take Profit 1: 0.4650
Take Profit 2: 0.4550
Take Profit 3: 0.4420
Confirm seller reaction at resistance before committing to the trade.
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