🚀 Plume Coin: Bullish Candles Igniting a Massive Rally! 📈💥
Plume (PLUME) is showing incredible strength in its recent candlestick patterns, signaling a strong bullish reversal after a period of consolidation.
The daily chart reveals a classic bullish engulfing candle that swallowed the previous bearish one, indicating buyers are overpowering sellers.
This pattern formed right at key support around $0.085, where Plume bounced hard, confirming a potential bottom.
Adding to the hype, the RSI has climbed out of oversold territory, now hovering above 50, showing growing momentum without overbought risks yet.
MACD lines are crossing bullish, with the histogram turning green and expanding, a clear sign of accelerating upward pressure.
On the 4-hour timeframe, we've got a series of higher highs and higher lows, forming an ascending channel that's textbook bullish.
A hammer candle appeared last week at $0.10, with a long lower wick rejecting lower prices and sparking a 15% pump in just 48 hours.
Volume is spiking on green candles, while red ones see dwindling interest, proving real buying conviction behind this move.
Plume's fundamentals back this up—as the leading RWA blockchain, integrations with ETFs and real estate are drawing institutional inflows.
Breaking above $0.13 resistance could trigger FOMO, targeting $0.16 quickly, based on Fibonacci extensions from the recent swing low.
If we see a golden cross on the 50/200 MA soon, expect fireworks toward the ATH of $0.247.
Short-term volatility? Sure, but the overall structure screams accumulation phase before the next leg up.
Traders are buzzing on X about this setup, with analysts calling for 50%+ gains in the coming weeks.
Don't sleep on Plume— this bullish candle parade could turn early holders into winners! 🌟
Join the rally, DYOR, and let's moon together! 🚀🐂@Plume - RWA Chain #plume $PLUME