The blockchain space is buzzing as EVM-compatible Plume Network (PLUME) announces a groundbreaking partnership with World Liberty Financial (WLFI) , an entity tied to former U.S. President Donald Trump. The collaboration aims to supercharge the adoption of WLFI’s USD1 stablecoin, which will now serve as a reserve asset for Plume’s on-chain stablecoin, pUSD.  

This strategic move opens doors for institutional-grade real-world asset (RWA) financing, positioning Plume as a key player in the convergence of DeFi and traditional finance. The news, released late on July 1st, sent PLUME surging 17% the following day. With a modest $209M market cap, the token remains highly responsive to market sentiment—making it a potential high-momentum play.  

📊 Technical Outlook: Can $PLUME Sustain the Rally?

After a prolonged downtrend since May, PLUME finally flipped $0.10 into support, signaling a potential trend reversal. However, the token faced rejection at June’s key supply zone ($0.123)—a level that now acts as immediate resistance.  

đŸ—ïž Key Levels to Watch:

đŸ”č Support:$0.10 (psychological level)  

đŸ”č Resistance:$0.123 (June high), followed by $0.158 (61.8% Fib retracement) and $0.181 (78.6% Fib)

🐂 Bullish Signals: 

đŸ”č On-Balance Volume (OBV) broke past June highs, indicating rising demand.  

đŸ”č RSI crossed 50, confirming bullish momentum.  

đŸ”č High trading volume backs the recent breakout.  

🎯 Trading Strategy: What’s Next?  

While PLUME shows strong upside potential, traders should watch for:  

✅ Hold above $0.10 – A sustained breakout could target $0.15+.  

❌ Loss of $0.10 – Could lead to a retest of lower support levels.  

Given the bullish indicators and institutional backing, PLUME may have room to run. However, with its low market cap, volatility is expected—so position sizing and risk management are key.  

💡 Final Thought:

This partnership could be a game-changer for RWA adoption—will PLUME ride the wave higher, or will profit-taking stall momentum? Keep an eye on $0.123 for the next big move.  

📌 Disclaimer: This is not financial advice. Always conduct your own research before trading.

#plume #PlumeNetwork #TrumpVsMusk #NFPWatch #UpdateAlert

$PLUME

$TRUMP