Technical analysis by vagada about Symbol PROS: Buy recommendation (2/21/2025)

Based on the daily chart for PROSUSDT on Bybit, here's a concise analysis:MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.Thank you!The MLR has crossed the SMA. We have two options: either close the trade now or wait for the stop-loss (SL) of the PSAR to be triggered. It's your choice.