$PLUME EUSDT BEARISH REVERSAL AFTER SHARP SPIKE – DOWNSIDE PRESSURE BUILDING 📉
PLUME surged to $0.10350 but failed to sustain gains, quickly reversing and sliding back to $0.08592. The steep selloff indicates strong profit-taking and bearish momentum taking control. Unless buyers reclaim the $0.091 zone, price is likely to drift lower toward immediate supports.
Trade Setup:
Entry Zone (Short): $0.0865 – $0.0880
Take Profit 1: $0.0820
Take Profit 2: $0.0785
Take Profit 3: $0.0745
Stop Loss: $0.0915
Market Outlook:
Momentum indicators are deep in bearish territory, showing exhaustion after the pump. Selling pressure dominates, and lower highs are forming on each bounce. If support at $0.082 breaks, further downside is expected. Bulls need a strong reclaim above $0.091 to regain control.
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