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PROM/USDT's recent trend is quite interesting — three cycles show a clear divergence.
On the 15-minute chart, the RSI has already surged to 85.7, in the severely overbought zone, indicating significant short-term correction pressure. But switching to the 1-hour chart, although RSI is also high at 82.9, the MACD histogram remains upward, suggesting that the trend inertia is still in place and the bulls haven't truly exhausted. On the 4-hour cycle, RSI is at 80.1, and the bullish structure is still intact, just obviously overheated.
The volume is quite exaggerated — a sudden increase of 713%, pushing upward under pressure, which is definitely worth noting. The current price is stuck at the strong resistance zone of 8.55, with two key resistance levels at 8.80 and 9.20, and support below at 8.30 and 7.90.
My approach is very simple: **Avoid chasing highs**. The risk of buying at the current high is too great. Wait for the price to either break through 8.80 effectively (then go long with a target of 9.20 and a stop loss at 8.65), or fall below 8.30 (then go short with a target of 7.90 and a stop loss at 8.50). The range between 8.30 and 8.80 is best to observe and not act.
Better to miss a wave than to get trapped in overbought territory. When a breakdown occurs, execute the plan accordingly — it will keep your mindset much more comfortable.