The $PLUME/USDT pair is signaling a bearish reversal, with sellers taking control after a strong upward move. Recent price action shows clear signs of exhaustion, and momentum has shifted in favor of the bears. A sharp rejection from the recent peak has led to heavy selling pressure, and the failure to sustain levels above the key 0.0800 support suggests the potential for further downside. The current trade setup recommends a short entry within the 0.0802–0.0808 zone, targeting Take Profit 1 at 0.0785 and Take Profit 2 at 0.0770, with a stop loss set at 0.0825 to manage risk. Market structure is forming lower highs, and volume analysis indicates a decline in buyer interest. A clean breakdown below 0.0800 would likely accelerate bearish momentum, while only a sustained move back above 0.0825 would invalidate the setup and hint at possible recovery. For now, the bears appear to be firmly in control unless unexpected bullish momentum intervenes.
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