【$PROM Signal】Pullback to go long, 1H level charging for launch

$PROM The 1H level price is oscillating between EMA20 and EMA50, the 4H MACD histogram is contracting, bullish momentum is temporarily slowing but the trend remains unchanged. Market depth is balanced, funding rate at 0.0036% indicates restrained bullish sentiment, no overheating observed. The current price at 2.24 is near the upper boundary of the suggested entry zone, chasing higher directly offers a poor risk-reward ratio, better to wait for a pullback confirmation.

🎯Direction: Pullback to buy

⚡Entry/Order: Place a bid near the lower boundary of 1.94 - 2.23 zone, with an order at 1.97.

🛑Stop loss: 1.62

🚀Target 1: 2.59

🚀Target 2: 2.91

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.

The 2.22 middle band of the 1H Bollinger Bands provides initial support, the 4H EMA50 near 1.63 and the stop-loss level form a resonance defense zone. Position size remains stable, no signs of panic selling. The price has fallen nearly 16% from the high of 2.67, short-term selling pressure has been released, and the strength of buy orders below is a key observation point for this setup. The risk-reward ratio is close to 1:2, making this trade risk manageable.

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