Technical Signals Suggest Promising Breakout for PROMPT

The technical chart of PROMPT reveals a potential breakout scenario as it consolidates within a symmetrical triangle. Despite a 8% daily decline, key support levels remain intact, indicating strong buyer presence at current prices. If confirmed, the pattern suggests a price surge of up to 140%, but volume confirmation is crucial. Analysts point out that PROMPT’s recent consolidation has formed a symmetrical triangle on the 8-hour chart, a common indicator for significant directional moves. Traders and analysts are closely observing this potential breakout.