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$PROM showing a clean momentum shift on the 4H.
After multiple failed attempts near the 1.15–1.20 zone, price finally reclaimed range highs with strong impulsive candles. This isn’t just a bounce it looks like acceptance above prior resistance.
Key observations:
• Higher low formed around 1.03 → trend structure turning bullish
• Strong reclaim of 1.15 suggests buyers stepping in aggressively
• Wicks near 1.20 still show supply overhead
If price holds above 1.15, continuation towards 1.20+ looks likely.
Lose this level, and it’s back to range chop.
Momentum is building but confirmation comes from holding, not just breaking.
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