PROMPT Faces $0.32 Breakdown, Risks Drop to $0.26–$0.28
Wayfinder crypto token PROMPT is testing critical support at $0.32, with technical indicators signaling overextension. The daily Relative Strength Index (RSI) sits at 92.5, marking extreme overbought conditions, while 24-hour trading volume declined nearly 10%, suggesting weakening momentum. A decisive break below $0.32 could trigger a retracement to $0.26–$0.28, with liquidity heatmaps highlighting resistance zones at $0.37–$0.40 and support clusters at $0.31 and $0.275–$0.28.
Over the past week, PROMPT surged about 175%, fueled by AI-token demand and a breakout from a descending triangle. Meanwhile, Bitcoin’s dip below $112,000 has dampened risk appetite for smaller caps, adding downward pressure. Traders should watch support levels at $0.31–$0.32, set stops below $0.31, and consider scaling into positions near $0.275–$0.28 as potential buy-the-dip opportunities. Effective risk management is crucial amid signs of a pullback.
Bearish
The bearish outlook for PROMPT is driven by classic momentum exhaustion signals: an RSI above 90 combined with falling trading volume. Historically, altcoins that rally over 150% in a week often see 15–20% pullbacks when these conditions arise. For example, in March, a surge in AI-focused tokens triggered a swift correction once support levels broke. If PROMPT falls below $0.32, the token may retrace to $0.26–$0.28, aligning with liquidity clusters that attract stop-hunters and dip buyers. In the short term, traders should brace for increased volatility and apply tight risk controls. Over the longer term, the token’s fundamentals and AI narrative could support a recovery, but only after technical consolidation and renewed buying pressure.