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[$PROM Signal] Short + Volume Breakout
$PROM Forms a breakdown pattern after a volume-driven decline, with high open interest indicating that the bulls are being liquidated.
🎯 Direction: Short
🎯 Entry: 2.45 - 2.50
🛑 Stop Loss: 2.65 ( Rigid Stop Loss )
🚀 Target 1: 2.20
🚀 Target 2: 1.95
Price declines by 22.65% accompanied by high trading volume, and open interest remains high. This is a typical bearish liquidation-driven decline. Market logic suggests ‘main players offloading or liquidation,’ with no signs of buying support. Price action shows selling pressure dominates. A rebound to the previous support-turned-resistance zone is an ideal shorting opportunity.
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