Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
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.