$PROM

PROM
PROM
1.136
-13.80%

PROM is currently under significant bearish pressure, trading at 7.020 with a 13.26% drop in the last 24 hours 📉. The trading volume stands at 574,583 PROM, indicating a cautious market as sellers dominate the price action 📉. Technically, the 1h chart shows the price has dropped below the middle Bollinger Band (7.044), struggling to find immediate support ⚠️. It recently touched a low of 6.806, and the overall 30-day performance is down by 21.53%, showing a consistent downtrend 📉. Market sentiment for this NFT category coin remains weak as it continues to form lower highs on short-term timeframes 📉. The Bollinger Bands are widening downwards, which often suggests that the volatility might push prices even lower ⚠️. For traders, buying right now is highly risky; it is better to wait for a clear reversal or a bounce back above the 7.246 resistance level 🛡️. Currently, the safest strategy is to stay on the sidelines or set tight stop-losses if you are already holding 🎯.

#MarketRebound #PROM/USDT #BEARISH📉