$PROM

The liquidation near $1.48965 reflects a sudden bearish sweep that removed overextended longs after a short consolidation phase. Price has since hovered above an important support zone around $1.44, which historically attracted dip buyers during sharp pullbacks. Holding above this level keeps recovery scenarios intact, with immediate resistance waiting near $1.57 where selling pressure previously intensified. If bulls reclaim this zone with volume, the next upside target sits around $1.68, marking a prior distribution area. Market flow suggests downside momentum is slowing, a common sign following liquidation flushes. On the downside, a breakdown below $1.44 could expose lower liquidity around $1.35 before a stronger bounce develops. Overall, the structure points toward a short-term rebound attempt as leverage clears and buyers cautiously re-enter around key support. $PROM ‌