๐ง Market Structure
๐ Macro Downtrend since December 2024โs all-time high near $2.00.
โ Recent structure shift: Multiple Change of Character (CHoCH) events from March to May suggest a potential accumulation phase.
๐ข Higher lows forming post-March suggest bullish interest returning, though not fully confirmed yet.
๐ฅ Multiple equal highs (EQH) near $0.80 โ $0.85 indicate a liquidity cluster, potential future breakout target.
๐ Key Support & Resistance Zones
๐ด Resistance $0.75 โ $0.85 Strong rejection area (EQHs stacked)
๐ด Major Supply $1.00 โ $1.20 Historical distribution zone
๐ฆ Local Support $0.50 โ $0.56 Holding support โ bulls must defend
๐ต Major Demand $0.42 (Weak Low) Final support before major downside risk
๐ Momentum Indicators
Stochastic RSI: Just exited overbought, currently crossing downward.
๐ป Could suggest short-term retracement.
Volume: Declining slightly during the recent price rise โ not ideal, shows weak conviction.
RSI (inferred): Neutral zone, but divergence building up from MarchโMay.
๐ Scenario Forecasts
โ Bullish Outlook:
If $0.50โ$0.56 holds โ likely retest of $0.75โ$0.85 (EQH liquidity).
Break above $0.85 would be significant โ opens path to $1+ zone.
Structural CHoCH + BOS suggests possible reaccumulation phase.
โ Bearish Outlook:
Breakdown below $0.50 could trigger sharp drop to $0.42 or lower.
Watch for CHoCH to downside and declining volume confirmation.
๐ก Sentiment Summary
PROPC is showing early signs of bottoming, but price is still within a ranging zone. Bulls need to protect $0.50 and push toward $0.80 to confirm a shift to bullish territory. Until then, itโs accumulationโwith high risk around $0.42.
----
Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M
-----
Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
๐ Macro Downtrend since December 2024โs all-time high near $2.00.
โ Recent structure shift: Multiple Change of Character (CHoCH) events from March to May suggest a potential accumulation phase.
๐ข Higher lows forming post-March suggest bullish interest returning, though not fully confirmed yet.
๐ฅ Multiple equal highs (EQH) near $0.80 โ $0.85 indicate a liquidity cluster, potential future breakout target.
๐ Key Support & Resistance Zones
๐ด Resistance $0.75 โ $0.85 Strong rejection area (EQHs stacked)
๐ด Major Supply $1.00 โ $1.20 Historical distribution zone
๐ฆ Local Support $0.50 โ $0.56 Holding support โ bulls must defend
๐ต Major Demand $0.42 (Weak Low) Final support before major downside risk
๐ Momentum Indicators
Stochastic RSI: Just exited overbought, currently crossing downward.
๐ป Could suggest short-term retracement.
Volume: Declining slightly during the recent price rise โ not ideal, shows weak conviction.
RSI (inferred): Neutral zone, but divergence building up from MarchโMay.
๐ Scenario Forecasts
โ Bullish Outlook:
If $0.50โ$0.56 holds โ likely retest of $0.75โ$0.85 (EQH liquidity).
Break above $0.85 would be significant โ opens path to $1+ zone.
Structural CHoCH + BOS suggests possible reaccumulation phase.
โ Bearish Outlook:
Breakdown below $0.50 could trigger sharp drop to $0.42 or lower.
Watch for CHoCH to downside and declining volume confirmation.
๐ก Sentiment Summary
PROPC is showing early signs of bottoming, but price is still within a ranging zone. Bulls need to protect $0.50 and push toward $0.80 to confirm a shift to bullish territory. Until then, itโs accumulationโwith high risk around $0.42.
----
Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV
SQRB $100K on PROBIT
$RNB $310K
$HTS $1.9M
$STBU $3.5M
LAND $3.6M
-----
Not for recommendations to BUY SELL any stocks, cryptos, FX or securities
Not for Financial Advise
DYOR
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.