$PROM USDT — Short Setup
🔴 Direction: Short
Entry Zone: $2.10 – $2.15
Stop Loss: $2.24
Take Profit Targets:
🎯 TP1: $2.02
🎯 TP2: $1.94
🎯 TP3: $1.85
PROM is showing weakness after a long liquidation event near $2.10, indicating that leveraged buyers were forced out and selling pressure remains present. Price is struggling to maintain bullish momentum around this area, creating a potential short opportunity if resistance continues to hold.
The setup is based on current price rejection, liquidity imbalance, and the possibility of a move toward lower support zones. A breakdown with increasing sell volume would strengthen the bearish outlook.
⚠️ Invalidation: A sustained move above $2.24 would invalidate the short setup and suggest buyers are regaining control.
Manage risk carefully and avoid overexposure in volatile conditions.$PROM
#CLARITY Act faces September deadline
