2026-01-16 14:43:35

PROM has recently come under significant pressure, with the price dropping to around $4.19, marking a quite sharp decline.

Interestingly, this downward move coincided exactly with a demand zone on a high time frame — in other words, this level was once an important accumulation area for the main players. From a technical perspective, the price reaching this region could lead to a struggle, as history often leaves its mark at critical levels.

The future direction will depend on the true strength comparison between the bulls and bears in this key area.

PROM-16,42%

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GhostWalletSleuth

· 9h ago

Has it dropped to 4.19? This time it's really hitting the bottom line. Let's see if it can rebound afterward.

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DAOplomacy

· 9h ago

ngl the "accumulation zone" framing here is arguably just path dependency talking. historical precedent suggests these narratives get recycled whenever price touches support levels... sub-optimal incentive structures in retail TA discourse tbh

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MoodFollowsPrice

· 9h ago

Hitting the same old spot again, can it really rebound this time? --- The main force is just accumulating there, anyway I’m doomed to cut losses. --- This position at 4.19 feels like a trap; we need to see how the next two days unfold. --- Every time, they say demand zone support, but it still keeps getting hammered. It’s a bit exhausting. --- If this wave breaks through this level, it’s over. We must hold the line. --- Damn, did it drop so sharply? I didn’t catch this news. --- Fighting for dominance, just worried the bulls might run out of steam.

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ZenMiner

· 10h ago

It's dropping again, PROM is really done for. This level is indeed attractive, let's see if it can hold. Is history repeating itself or will it continue to crash? It's a tense situation. It seems the main players are hesitating; whoever makes the first move will be the one to lose. $4.19 is a critical level, honestly it's a gamble.

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