$PROMPT’s Bullish Divergence on 4H Chart Signals Potential Upsid

On the 4-hour chart, $PROMPT at $0.299 is showing a bullish divergence on the RSI, where the price has made lower lows, but the RSI has formed higher lows. This suggests weakening bearish momentum and a potential reversal. The price is currently testing the 50-period exponential moving average (EMA) at $0.30, which has acted as dynamic resistance in recent sessions. A breakout above this level could push $PROMPT toward the next resistance at $0.34, aligning with the 61.8% Fibonacci retracement level from the recent high of $0.40 to the low of $0.25. On-chain data (hypothetical) indicates increased wallet activity, supporting the case for accumulation. However, the Bollinger Bands are tightening, signaling a potential volatility spike. Traders should monitor for a breakout above $0.305 with strong volume to confirm the bullish setup. Conversely, a rejection at $0.30 could see $PROMPT retest $0.28. Set stop-losses below $0.28 for long positions to manage downside risk.