That bearish candle swallowed three days of gains; the price is 1.9000, but the funding rate suddenly flipped negative. Behind the 29.69% 24-hour surge is a fake breakout pushed down by the bulls at 1.9140.

You see a blow-off rally; I see a trap. The current Fear & Greed Index is in the extreme greed zone at 89.2, matching the historical data of major tops. The last time this value appeared, PROM fell 37%. A funding rate of -0.021% means the crowd’s long sentiment is already at its peak, and professional capital has started placing bets on shorts.
This isn’t to tell you to enter right now. The current price at 1.9000 and the 28M trading volume confirm that sell pressure has emerged. Short-term plan: if you want to chase, wait for a pullback into the 1.6800–1.7200 area to consider a small long, with a stop-loss set below 1.5500. If you want to short, watch the fake-breakout top at 1.9140—when price rebounds back to around there, you can look for a quick short-term trade, with a stop-loss set at 1.9500.
The sentiment turning point = the best entry. The turning-point signals are already flashing—my comfort zone is when the Fear Index drops to 12.4. Wait for the “middle band/inner range” pattern to form, or for the token rotation/fluidity—coin distribution—to shift. With PROM, a strong-market-maker coin, the real direction usually only appears after FOMO reaches its extreme.
People often ask how to avoid getting trapped. My principle is: if you dare to be greedy, I dare to withdraw. Remember this line: extreme emotions won’t give you a second chance. How much chase-buying that fake bullish candle ate—only the ones pulling the price up know. If you want to learn how to read sentiment, keep an eye on the order-book interpretations I post—this account doesn’t play games.