Prometeus ($PROM) just printed a textbook institutional sweep and V-shape reversal. After diving to a low of 1.082, it violently bounced back to hit highs of 1.285. This single 4-hour candle racked up an impressive 2.27M PROM ($2.71M USDT) in volume, surging +15.43% and completely erasing a whole week's worth of losses.
The buy orders waiting in the 1.100–1.150 demand zone completely absorbed the selling pressure. With the path upward cleared out, the next logical technical targets sit at 1.350 and 1.450.
The Fundamental Catalyst 💡
Prometeus is carving out a niche in the crypto space by building privacy-centric, decentralized data-sharing infrastructure. It’s a high-utility narrative that has a history of explosive moves the moment the broader market catches on and trading volume confirms the trend.
Bottom Line: A high-volume, single-candle reversal of this magnitude isn't a fluke—it points to smart money stepping in. A move toward 1.450 looks highly probable.
Are you jumping into $PROM before it leaves the station? Let me know below! 🔥
$PROM
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