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Strike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
The TradFi Gold Lucky Bag is now live—1g of real gold every 10 minutes. Trade nonstop, win nonstop!
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Details: https://www.gate.com/announcements/article/47889
$PROM Current price 2.339 Short
Reason: PROM coin has fallen 13.37% in the past 24 hours, with the price dropping rapidly from a high of 2.699 to 2.339. The MACD histogram continues to decline, indicating a significant weakening of momentum. The RSI at neutral levels cannot hide the market weakness; severe liquidity shortages increase the risk of slippage in large trades. Concentration of supply may trigger whale selling pressure. The bullish-to-bearish ratio shows that the bearish force is dominant. Although the current price has stabilized above the 99-day moving average, it faces resistance at the 7-day moving average that is difficult to break through. It is recommended to add to short positions in the 2.30-2.35 range, with a stop-loss above 2.40, targeting a downside of 2.15.