After a strong rally from $0.0720 → $0.1035, $PLUME is now showing clear weakness 😮💨
Price is trading near $0.0846 (-11.55%), and the structure is shifting bearish with repeated lower highs 📉
🐻 Sellers are dominating, and bulls are struggling to push back. This looks like a classic short continuation setup where fading bounces gives high R:R opportunities.
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🔹 Resistance Zones (Sell Walls):
$0.0890 – $0.0912 → Nearest supply zone
$0.0980 – $0.1035 → Strong rejection zone (where dump started)
🔹 Support Levels (Targets):
$0.0845 → Immediate support
$0.0773 → Strong demand zone
$0.0720 → Key baseline of the previous move
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📊 Entry Plan for Traders:
✔️ Short pullbacks into $0.0865 – $0.0890
✔️ Or short breakdown below $0.0845 with strong volume confirmation
🎯 Targets:
TP1 → $0.0820
TP2 → $0.0773
TP3 → $0.0720
⛔ Stop Loss: $0.0915 (above nearest supply)
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⚡ Market Outlook:
$PLUME is under pressure, and each bounce is being sold off aggressively 🚨. If bears maintain momentum, a flush toward $0.0773 and even $0.0720 looks highly possible. Smart traders will short the rallies and ride the breakdowns with tight risk control.
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